* Mammoth Energy Services Inc reported a quarterly adjusted loss of 50 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 2 cents. The lone analyst forecast for the quarter was for a loss of one cent per share.
* Revenue fell 38.4% to $40.02 million from a year ago; analysts expected $47.18 million.
* Mammoth Energy Services Inc's reported EPS for the quarter was a loss of 50 cents.
* The company reported a quarterly loss of $24.04 million.
* Mammoth Energy Services Inc shares had risen by 7.6% this quarter and lost 1.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 50% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the oil related services and equipment peer group is also "buy"
Wall Street's median 12-month price target for Mammoth Energy Services Inc is $4.90 This summary was machine generated from LSEG data November 1 at 02:32 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.01 -0.50 Missed
Jun. 30 2024 -0.03 -1.39 Missed
Mar. 31 2024 -0.03 -0.25 Missed
Dec. 31 2023 -0.09 -0.12 Missed
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