RPC Inc expected to post earnings of 13 cents a share - Earnings Preview

RPC

23/07/2024 16:50

* RPC Inc  RES.N   RES  is expected to show a fall in
quarterly
revenue when it reports  results on July 25 for the period
ending June 30 2024
    * The Atlanta Georgia-based  company is expected to report a
8.5% decrease in revenue to $380.395 million from $415.86
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RPC Inc is for earnings
of 13
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "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 RPC Inc is
$6.75​, above​ its last closing price of $5.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.17        0.17       0.13      Missed  -25.5
 Jan. 1 2024   0.19        0.18       0.19      Beat    3.5
 Sep. 30 2023  0.23        0.24       0.08      Missed  -66.3​
 Jun. 30 2023  0.36        0.36       0.30      Missed  -17.1
 ​​Mar.        0.37        0.37       0.33      Missed  -10
 31 2023                                                
 Dec. 31 2022  0.29        0.29       0.40      Beat    38.8​
 Sep. 30 2022  0.24        0.22       0.32      Beat    46.9
 Jun. 30 2022  0.11        0.10       0.22      Beat    110.7
 This summary was machine generated July 23 at 15:50 GMT.  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)