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

Ranger Energy Services

31/10/2023 13:32

* Ranger Energy Services Inc  RNGR.N  reported quarterly
adjusted
earnings of 38 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 47 cents per share.
    * Revenue fell 7.1% to $164.40 million from a year ago;
analysts
expected $170.25 million. 
    * Ranger Energy Services Inc's reported EPS for the quarter
was 38
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ranger Energy Services Inc shares had fallen by 6.6% this
quarter and gained 20.3% so far this year.
    * The company reported quarterly net income of $9.4 million.
    * Wall Street's median 12-month price target for Ranger
Energy
Services Inc is $14.00 
    * 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
October 31 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.47           0.38           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