Newpark Resources Inc reports results for the quarter ended in January - Earnings Summary

NPK International

02/05/2024 22:03

* Newpark Resources Inc  NR.N  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in
January.  The mean expectation of four analysts for the quarter
was for earnings of 6 cents per share. Wall Street expected
results to range from 4 cents to 6 cents per share.
    * Revenue was $169.11 million​; analysts expected $170.79
million. 
    * Newpark Resources Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $7.29
million.
    * Newpark Resources Inc shares had fallen by 4.0% this
quarter and
gained 4.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.4%
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 "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Newpark
Resources
Inc is $11.00 

This summary was machine generated from LSEG data May 2 at 09:03
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
 Mar. 31 2024      0.06           0.08           Beat
 Dec. 31 2023      0.08           0.04           Missed
 Sep. 30 2023      0.06           0.09           Beat