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

RPC

26/04/2023 14:32

* RPC Inc  RES.N  reported quarterly adjusted earnings of 33
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
37 cents per share.
    * Revenue rose 67.5% to $476.67 million from a year ago;
analysts
expected $488.57 million. 
    * RPC Inc's reported EPS for the quarter was 33 cents​.
    * The mean earnings estimate of analysts had risen by
about 18.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * RPC Inc shares had fallen by 3.5% this quarter and
lost 16.5% so
far this year.
    * The company reported quarterly net income of $71.52
million.
    * Wall Street's median 12-month price target for RPC Inc is
$12.00
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.10           0.22           Beat