RPC Inc expected to post earnings of 18 cents a share - Earnings Preview

RPC

23/01/2024 14:02

* RPC Inc  RES.N   RES  is expected to show a fall in
quarterly
revenue when it reports  results on January 25 for the period
ending December 31 2023
    * The Atlanta Georgia-based  company is expected to report a
23.1% decrease in revenue to $370.733 million from $482.03
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RPC Inc is for earnings
of 18
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
$8.00​, above​ its last closing price of $6.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.37        0.37       0.33      Missed  -10​
 Dec. 31 2022  0.29        0.29       0.40      Beat    38.8
 ​​Sep.        0.24        0.22       0.32      Beat    46.9
 30 2022                                                
 Jun. 30 2022  0.11        0.10       0.22      Beat    110.7​
 Mar. 31 2022  0.07        0.07       0.07      Met     5.2
 Dec. 31 2021  0.03        0.03       0.06      Beat    97.2
 This summary was machine generated January 23 at 14:02 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)