RPC (NYSE:RES – Get Free Report) is set to announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.19 per share for the quarter.
RPC (NYSE:RES – Get Free Report) last announced its earnings results on Thursday, January 25th. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.01. RPC had a return on equity of 21.26% and a net margin of 12.06%. The business had revenue of $394.50 million for the quarter, compared to analyst estimates of $374.22 million. During the same quarter last year, the firm earned $0.41 EPS. RPC’s revenue for the quarter was down 18.2% compared to the same quarter last year. On average, analysts expect RPC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
RPC Stock Performance
Shares of RPC stock opened at $7.96 on Tuesday. The business’s 50 day simple moving average is $7.59 and its 200 day simple moving average is $7.54. RPC has a 52-week low of $6.34 and a 52-week high of $9.41. The firm has a market cap of $1.71 billion, a PE ratio of 8.84 and a beta of 1.60.
RPC Dividend Announcement
Analyst Ratings Changes
Separately, Susquehanna raised their price target on RPC from $6.50 to $8.00 and gave the company a “neutral” rating in a research note on Monday, April 8th.
Get Our Latest Stock Analysis on RPC
About RPC
RPC, Inc, through its subsidiaries, engages provision of a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services segment offers pressure pumping, fracturing, acidizing, cementing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, pump down, and fishing services that are used in the completion, production, and maintenance of oil and gas wells.
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