National Energy Services Reunited Corp reports results for the quarter ended September 30 - Earnings Summary

Reuters2024-11-19

National Energy Services Reunited Corp NESR.OQ reported quarterly adjusted earnings of 22 cents per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of 23 cents per share.
Revenue was $336.21 million; analysts expected $327.20 million.
National Energy Services Reunited Corp's reported EPS for the quarter was 22 cents.
The company reported quarterly net income of $20.62 million.

FORECAST CHANGES

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 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 "strong buy"

Wall Street's median 12-month price target for National Energy Services Reunited Corp is $15.00

This summary was machine generated from LSEG data November 19 at 02:31 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	0.23	0.22	Missed

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The lone analyst forecast for the quarter was for earnings of 23 cents per share. Revenue was $336.21 million; analysts expected $327.20 million. National Energy Services Reunited Corp's reported EPS for the quarter was 22 cents.The company reported quarterly net income of $20.62 million.FORECAST CHANGESIn the last 30 days, there have been no earnings estimate revisions by analysts covering the company.RECOMMENDATIONSThe current average analyst rating on the shares is \"strong 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 \"strong buy\"Wall Street's median 12-month price target for National Energy Services Reunited Corp is $15.00 This summary was machine generated from LSEG data November 19 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. 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