Ranger Energy Services Inc reports results for the quarter ended in June - Earnings Summary

Ranger Energy Services

08/08/2023 09:06

* Ranger Energy Services Inc  RNGR.N  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 6.3% to $163.20 million from a year ago;
analysts
expected $168.40 million. 
    * Ranger Energy Services Inc's reported EPS for the quarter
was 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ranger Energy Services Inc shares had risen by 1.4% this
quarter and lost 5.7% so far this year.
    * The company reported quarterly net income of $6.1 million.
    * Wall Street's median 12-month price target for Ranger
Energy
Services Inc is $13.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 08:05 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.44           0.24           Missed
 Mar. 31 2023      0.29           0.25           Missed
 Dec. 31 2022      0.36           0.30           Missed
 Sep. 30 2022      0.36           0.54           Beat