* Natural Gas Services Group Inc reported quarterly adjusted earnings of 40 cents per share for the quarter , higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of four analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 23 cents to 43 cents per share.
* Revenue rose 29.7% to $40.69 million from a year ago; analysts expected $38.11 million.
* Natural Gas Services Group Inc's reported EPS for the quarter was 40 cents.
* The company reported quarterly net income of $5.01 million.
* Natural Gas Services Group Inc shares had risen by 27.6% this quarter and gained 51.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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 "strong buy" and the breakdown of recommendations is 4 "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 "buy."
Wall Street's median 12-month price target for Natural Gas Services Group Inc is 32.50 This summary was machine generated from LSEG data November 15 at 02:08 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 0.30 0.40 Beat
Jun. 30 2024 0.29 0.34 Beat
Mar. 31 2024 0.21 0.41 Beat
Dec. 31 2023 0.06 0.14 Beat
Comments