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

RPC

22/10/2024 15:07

* RPC Inc  RES.N   RES  is expected to show a rise in
quarterly
revenue when it reports  results on October 24 for the period
ending September 30 2024
    * The Atlanta Georgia-based  company is expected to report a
11.9% increase in revenue to $369.756 million from $330.42
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
7.00​,
above​ its last closing price of $6.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.13        0.13       0.15      Beat    13.8
 Mar. 31 2024  0.17        0.17       0.13      Missed  -25.5
 Dec. 31 2023  0.19        0.18       0.19      Beat    3.5​
 Sep. 30 2023  0.23        0.24       0.08      Missed  -66.3
 ​​Jun.        0.36        0.36       0.30      Missed  -17.1
 30 2023                                                
 Jan. 1 0001   0.37        0.37       0.33      Missed  -10​
 Dec. 31 2022  0.29        0.29       0.40      Beat    38.8
 Jan. 1 0001   0.24        0.22       0.32      Beat    46.9
 This summary was machine generated October 22 at 14:07 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)