RPC Inc reports results for the quarter ended in June - Earnings Summary

RPC

26/07/2023 14:31

* RPC Inc  RES.N  reported quarterly adjusted earnings of 30
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
36 cents per share.
    * Revenue rose 10.7% to $415.86 million from a year ago;
analysts
expected $492.27 million. 
    * RPC Inc's reported EPS for the quarter was 30 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * RPC Inc shares had risen by 25.3% this quarter and
gained 0.8%
so far this year.
    * The company reported quarterly net income of $65.01
million.
    * Wall Street's median 12-month price target for RPC Inc is
$10.00
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.36           0.30           Missed
 Mar. 31 2023      0.37           0.33           Missed
 Dec. 31 2022      0.29           0.40           Beat
 Sep. 30 2022      0.22           0.32           Beat