Nine Energy Service Inc reports results for the quarter ended June 30 - Earnings Summary

Nine Energy Service

06/08/2025 24:19

Nine Energy Service Inc NINE.N reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -39 cents.  The lone analyst forecast for the quarter was for a loss of 22 cents per share.

Revenue rose 11.2% to $147.25 million from a year ago; analysts expected $143.60 million.

Nine Energy Service Inc's reported EPS for the quarter was a loss of 25 cents​.

The company reported a quarterly loss of $10.39 million.

Nine Energy Service Inc shares had fallen by 5.6% this quarter and lost 35.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 69.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is  "buy."

Wall Street's median 12-month price target for Nine Energy Service Inc is $0.75, about 5% above its last closing price of $0.71

This summary was machine generated from LSEG data August 5 at 11:18 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
-0.22
-0.25
Missed
Mar. 31 2025
-0.15
-0.18
Missed
Dec. 31 2024
-0.24
-0.22
Beat
Sep. 30 2024
-0.30
-0.25
Beat