Nextier Oilfield Solutions Inc reports results for the quarter ended in June - Earnings Summary

Nextier Oilfield Solutions

25/07/2023 23:02

* Nextier Oilfield Solutions Inc  NEX.N  reported quarterly
adjusted earnings of 68 cents​​ per share for the quarter ended
in June. The mean expectation of ten analysts for the quarter
was for earnings of 63 cents per share.
    * Revenue rose 12.1% to $945.09 million from a year ago;
analysts
expected $954.74 million. 
    * Nextier Oilfield Solutions Inc's reported EPS for the
quarter
was 64 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Nextier Oilfield Solutions Inc shares had risen by 27.0%
this
quarter and gained 22.8% so far this year.
    * The company reported quarterly net income of $150.06
million.
    * Wall Street's median 12-month price target for Nextier
Oilfield
Solutions Inc is $13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.63           0.68           Beat
 Mar. 31 2023      0.61           0.66           Beat
 Dec. 31 2022      0.43           0.59           Beat
 Sep. 30 2022      0.47           0.52           Beat