Select Energy Services Inc expected to post earnings of 24cents a share - Earnings Preview

Select Water Solutions

17/02/2023 22:45

* Select Energy Services Inc  WTTR.N   WTTR.K  is expected
to show
a rise in quarterly revenue when it reports  results on February
21. 
    * The Houston Texas-based  company is expected to report  a
52.4% increase in revenue to $388.779 million from $255.13
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Select Energy
Services
Inc is for earnings of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "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 Select
Energy
Services Inc is $12​, above​ its last closing price of $8.20.
​​​

The company's guidance on August 3 2022 for the period ended
December 31 was for Capital Expenditures between USD15 million
and USD20 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.16        0.16       0.22      Beat    37.7
 Jun. 30 2022  0.04        0.05       0.13      Beat    178.6
 Mar. 31 2022  -0.03       -0.01      0.07      Beat    683.3​
 Dec. 31 2021  -0.05       -0.05      -0.10     Missed  -97
 ​​Sep.        -0.07       -0.07      -0.14     Missed  -94.4
 30 2021                                                
 Jun. 30 2021  -0.12       -0.12      -0.19     Missed  -58​
 Mar. 31 2021  -0.17       -0.17      -0.27     Missed  -63.2
 Dec. 31 2020  -0.21       -0.21      -0.21     Met     -2
 This summary was machine generated February 17 at 22:45 GMT. 
All figures in US dollars  unless otherwise stated