RPC Inc expected to post earnings of 3 cents a share - Earnings Preview

RPC

24/01/2022 14:37

* RPC Inc  RES.N   RES  is expected to show a rise in
quarterly
revenue when it reports  results on January 26. 
    * The Atlanta Georgia-based  company is expected to report 
a
61.7% increase in revenue to $240.32 million from $148.64
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RPC Inc is for
earnings
of 3 cents per share. For the same quarter last year, the
company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"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​,
about 9.7% above​ its last closing price of $5.42. ​​​
    * 

This summary was machine generated January 24 at 14:37 GMT.  All
figures in US dollars  unless otherwise stated