Ranger Energy Services Inc reports results for the quarter ended June 30 - Earnings Summary
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 29 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of three analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 28 cents to 30 cents per share.
Revenue rose 25.5% to $176.50 million from a year ago; analysts expected $165.37 million.
Ranger Energy Services Inc's reported EPS for the quarter was 29 cents.
The company reported quarterly net income of $6.9 million.
Ranger Energy Services Inc shares had fallen by 1.9% this quarter and gained 12.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
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 average consensus recommendation for the oil related services and equipment peer group is also "buy"
Wall Street's median 12-month price target for Ranger Energy Services Inc is $20.00, about 22.7% above its last closing price of $15.47
This summary was machine generated from LSEG data July 27 at 09:01 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.29 | 0.29 | Met |
Mar. 31 2026 | 0.19 | 0.12 | Missed |
Dec. 31 2025 | 0.18 | 0.14 | Missed |
Sep. 30 2025 | 0.23 | 0.05 | Missed |
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Ranger Energy Services Inc reports results for the quarter ended June 30 - Earnings Summary
Ranger Energy Q2 revenue, core profit beat estimates, helped by AWS acquisition
Brief: Ranger Energy Services Q2 Net Income USD 6.9 Million