Nextier Oilfield Solutions Inc expected to post earnings of 43cents a share - Earnings Preview

Nextier Oilfield Solutions

14/02/2023 01:54

* Nextier Oilfield Solutions Inc  NEX.N   NEX  is expected
to show
a rise in quarterly revenue when it reports  results on February
15. 
    * The Houston Texas-based  company is expected to report  a
71.2% increase in revenue to $872.555 million from $509.73
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
October 25 2022, for the period ended December 31, was for
revenue between $860.17 million and $878.09 million.
    * ​Refinitiv's mean analyst estimate for Nextier Oilfield
Solutions Inc is for earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nextier
Oilfield
Solutions Inc is $15.5​, above​ its last closing price of $9.53.
​​​

The company's guidance on October 25 2022 for the period ended
December 31 was for Capital Expenditures between USD75 million
and USD85 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.47        0.47       0.52      Beat    11.3
 Jun. 30 2022  0.36        0.34       0.39      Beat    15
 Mar. 31 2022  0.04        0.03       0.08      Beat    166.7​
 Dec. 31 2021  -0.07       -0.06      0.08      Beat    241.6
 ​​Sep.        -0.10       -0.09      -0.11     Missed  -19.9
 30 2021                                                
 Jun. 30 2021  -0.15       -0.15      -0.19     Missed  -26.1​
 Mar. 31 2021  -0.29       -0.29      -0.23     Beat    21
 Dec. 31 2020  -0.34       -0.34      -0.30     Beat    11.2
 This summary was machine generated February 14 at 01:54 GMT. 
All figures in US dollars  unless otherwise stated