RPC Incexpected to post earnings of 13 cents a share - Earnings Preview
RPC Incis expected to report a decrease in quarterly revenue of 8.5% to $380.395 million. The mean analyst estimate for earnings is 13 cents per share. The average analyst rating is "hold" with a 12-month price target of $6.75.
RPC Inc (RES.N) (RES) is expected to show a fall in quarterly revenue when it reports results on July 25 for the period ending June 30 2024
The Atlanta Georgia-based company is expected to report a 8.5% decrease in revenue to $380.395 million from $415.86 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG’s mean analyst estimate for RPC Inc is for earnings of 13 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 $6.75, above its last closing price of $5.88. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.17 0.17 0.13 Missed -25.5
Jan. 1 2024 0.19 0.18 0.19 Beat 3.5
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. 0.37 0.37 0.33 Missed -10
31 2023
Dec. 31 2022 0.29 0.29 0.40 Beat 38.8
Sep. 30 2022 0.24 0.22 0.32 Beat 46.9
Jun. 30 2022 0.11 0.10 0.22 Beat 110.7
This summary was machine generated July 23 at 15:50 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)
