Ranger Energy Services Inc expected to post earnings of 6  cents a share - Earnings Preview

Ranger Energy Services

29/07/2022 19:31

* Ranger Energy Services Inc  RNGR.N   RNGR.K  is expected
to show
a rise in quarterly revenue when it reports  results on August
1. 
    * The Houston Texas-based  company is expected to report  a
149.0% increase in revenue to $124.5 million from $50 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ranger Energy
Services
Inc is for earnings of 6 cents per share. For the same quarter
last year, the company reported a loss of 59 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $9.15.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.07       0.06       -0.31     Missed  -618.8
 Dec. 31 2022              -0.07      -0.70     Missed  -918.2
 Sep. 30 2021  -0.19       -0.16      -0.51     Missed  -215.2
                                                        ​
 Jun. 30 2021  -0.27       -0.25      -0.59     Missed  -138.6
 ​​Mar.        -0.34       -0.34      -0.54     Missed  -58.5
 31 2021                                                
 Dec. 31 2020  -0.32       -0.31      -0.43     Missed  -37.8​
 Sep. 30 2020  -0.44       -0.45      -0.38     Beat    15.2
 Jun. 30 2020  -0.56       -0.53      -0.58     Missed  -10.1
 This summary was machine generated July 29 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated