Ranger Energy Services Inc expected to post earnings of 29 cents a share - Earnings Preview

Ranger Energy Services

01/03/2024 13:40

* Ranger Energy Services Inc  RNGR.N   RNGR.K  is expected
to show
a fall in quarterly revenue when it reports  results on March 5
for the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
2.1% decrease in revenue to $151 million from $154.3 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Ranger Energy Services
Inc is
for earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Ranger
Energy
Services Inc is $12.00​, above​ its last closing price
of $10.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.46        0.47       0.38      Missed  -19
 Jun. 30 2023  0.44        0.44       0.24      Missed  -46
 Mar. 31 2023  0.29        0.29       0.25      Missed  -14.1​
 Dec. 31 2022  0.29        0.36       0.30      Missed  -16.7
 ​​Sep.        0.48        0.36       0.54      Beat    49.4
 30 2022                                                
 Jun. 30 2022  0.02        0.06       -0.02     Missed  -133.2
                                                        ​
 Mar. 31 2022  -0.07       0.06       -0.31     Missed  -618.8
 Dec. 31 2021              -0.07      -0.70     Missed  -918.2
 This summary was machine generated March 1 at 13:40 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)