Ranger Energy Services Inc expected to post earnings of 47  cents a share - Earnings Preview

Ranger Energy Services

27/10/2023 19:36

* Ranger Energy Services Inc  RNGR.N   RNGR.K  is expected
to show
a fall in quarterly revenue when it reports  results on October
31. 
    * The Houston Texas-based  company is expected to report  a
3.8% decrease in revenue to $170.25 million from $177 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ranger Energy
Services
Inc is for earnings of 47 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 $14​, above​ its last closing price of $13.38.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.48        0.36       0.54      Beat    49.4
 ​​Jun.        0.02        0.06       -0.02     Missed  -133.2
 30 2022                                                
 Mar. 31 2022  -0.07       0.06       -0.31     Missed  -618.8
                                                        ​
 Dec. 31 2021              -0.07      -0.70     Missed  -918.2
 Sep. 30 2021  -0.19       -0.16      -0.51     Missed  -215.2
 This summary was machine generated October 27 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated