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RNGR — Ranger Energy Services News Story

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Ranger Energy Services Inc reports results for the quarter ended June 30 - Earnings Summary

Ranger Energy Services Inc RNGR.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 21 cents.  The mean expectation of three analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 18 cents to 24 cents per share.

Revenue rose 1.8% to $140.60 million from a year ago; analysts expected $140.00 million.

The company reported quarterly net income of $7.3 million.

Ranger Energy Services Inc shares had risen by 3.4% this quarter and lost 20.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 19.9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is  "buy."

Wall Street's median 12-month price target for Ranger Energy Services Inc is $13.00, about 0.3% above its last closing price of $12.96

This summary was machine generated from LSEG data July 28 at 09:58 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.220.32Beat
Mar. 31 20250.180.03Missed
Dec. 31 20240.240.25Beat
Sep. 30 20240.280.39Beat

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