Nextier Oilfield Solutions Inc expected to post earnings of 47cents a share - Earnings Preview

Nextier Oilfield Solutions

22/10/2022 02:31

* Nextier Oilfield Solutions Inc  NEX.N   NEX  is expected
to show
a rise in quarterly revenue when it reports  results on October
25. 
    * The Houston Texas-based  company is expected to report  a
135.2% increase in revenue to $924.631 million from $393.16
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
July 26 2022, for the period ended September 30, was for revenue
between $910.34 million and $927.20 million.
    * ​Refinitiv's mean analyst estimate for Nextier Oilfield
Solutions Inc is for earnings of 47 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $14.25​, above​ its last closing price
of $10.96. ​​​

The company's guidance on June 22 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD155 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  
 Jun. 30 2022  0.36        0.34       0.39      Beat    15
 Mar. 31 2022  0.04        0.04       0.08      Beat    111.8
 Dec. 31 2021  -0.07       -0.06      0.08      Beat    241.6​
 Sep. 30 2021  -0.10       -0.09      -0.11     Missed  -19.9
 ​​Jun.        -0.15       -0.15      -0.19     Missed  -26.1
 30 2021                                                
 Mar. 31 2021  -0.29       -0.29      -0.23     Beat    21​
 Dec. 31 2020  -0.34       -0.34      -0.30     Beat    11.2
 Sep. 30 2020  -0.35       -0.37      -0.38     Missed  -2.1
 This summary was machine generated October 22 at 01:31 GMT.  All
figures in US dollars  unless otherwise stated