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

Nextier Oilfield Solutions

25/04/2023 22:02

* Nextier Oilfield Solutions Inc  NEX.N  reported quarterly
adjusted earnings of 66 cents​​ per share for the quarter ended
in March. The mean expectation of ten analysts for the quarter
was for earnings of 61 cents per share.
    * Revenue rose 47.3% to $935.67 million from a year ago;
analysts
expected $926.69 million. 
    * Nextier Oilfield Solutions Inc's reported EPS for the
quarter
was $1.07​.
    * The mean earnings estimate of analysts had risen by
about 22.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Nextier Oilfield Solutions Inc shares had risen by 7.8%
this
quarter and lost 7.3% so far this year.
    * The company reported quarterly net income of $253.99
million.
    * Wall Street's median 12-month price target for Nextier
Oilfield
Solutions Inc is $15.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 25 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.61           0.66           Beat
 Dec. 31 2022      0.43           0.59           Beat
 Sep. 30 2022      0.47           0.52           Beat
 Jun. 30 2022      0.34           0.39           Beat