Mammoth Energy Services Inc reports results for the quarter ended in March - Earnings Summary

Mammoth Energy Services

27/04/2023 22:02

* Mammoth Energy Services Inc  TUSK.OQ  reported quarterly
adjusted earnings of 17 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 9 cents per share.
    * Revenue was $116.32 million​; analysts expected $115.99
million. 
    * Mammoth Energy Services Inc's reported EPS for the quarter
was
17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 66.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Mammoth Energy Services Inc shares had fallen by 6.4% this
quarter and lost 54.3% so far this year.
    * The company reported quarterly net income of $8.35
million.
    * Wall Street's median 12-month price target for Mammoth
Energy
Services Inc is $8.68 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.09           0.17           Beat
 Dec. 31 2022      0.19