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

NPK International

06/11/2024 03:48

* Newpark Resources Inc  NR.N   NR  is expected to show a
fall in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The The Woodlands Texas-based  company is expected to
report a
72.7% decrease in revenue to $54.19 million from $198.5 million
a year ago, 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 $6.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.08        0.08       0.12      Beat    54.8
 Mar. 31 2024  0.06        0.06       0.10      Beat    81.8
 Dec. 31 2023  0.07        0.08       0.04      Missed  -46.7​
 Jan. 1 0001   0.06        0.06       0.09      Beat    50
 ​​                                                     
                                                        ​
                                      0.10              
                                      0.06              
 This summary was machine generated November 6 at 03:47 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)