Newpark Resources Inc expected to post earnings of 6 cents a share - Earnings Preview

NPK International

30/04/2024 22:42

* Newpark Resources Inc  NR.N   NR  is expected to report
resultson May 2 for the period ending March 31 2024
    * The The Woodlands Texas-based  company is expected to
report
revenue of $170.794 million, according to the mean estimate from
4 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Newpark Resources Inc is
for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 Newpark
Resources
Inc is $11.00​, above​ its last closing price of $6.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.07        0.08       0.04      Missed  -46.7
 Sep. 30 2023  0.06        0.06       0.09      Beat    50
                                                        ​
 ​​                                   0.10              
                                      0.06              ​
 Jun. 30 2022  0.03        0.03       0.01      Missed  -69.7
 Mar. 31 2022  -0.01       -0.01      0.03      Beat    314.3
 This summary was machine generated April 30 at 21:42 GMT.  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)