RPC (NYSE:RES – Get Free Report) is scheduled to release its earnings data before the market opens on Thursday, April 25th. Analysts expect RPC to post earnings of $0.19 per share for the quarter.
RPC (NYSE:RES – Get Free Report) last issued its quarterly earnings data on Thursday, January 25th. The oil and gas company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.18 by $0.01. RPC had a return on equity of 21.26% and a net margin of 12.06%. The firm had revenue of $394.50 million during the quarter, compared to analyst estimates of $374.22 million. During the same quarter in the prior year, the business posted $0.41 EPS. The business’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 Trading Up 1.0 %
Shares of RES opened at $8.03 on Wednesday. RPC has a 12 month low of $6.34 and a 12 month high of $9.41. The stock has a fifty day moving average price of $7.62 and a 200-day moving average price of $7.53. The firm has a market cap of $1.73 billion, a PE ratio of 8.92 and a beta of 1.60.
RPC Announces Dividend
Analyst Upgrades and Downgrades
Separately, Susquehanna raised their target price on RPC from $6.50 to $8.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th.
Check Out Our Latest Research Report on RPC
RPC Company Profile
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.
Recommended Stories
- Five stocks we like better than RPC
- How to Invest in the FAANG Stocks
- Charles Schwab Fortifies its Uptrend on EPS Beat
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Lockheed Martin Stock Aims for a Fresh All-Time High
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Beyond the Halving: The Future of Bitcoin Mining Stocks
Receive News & Ratings for RPC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPC and related companies with MarketBeat.com's FREE daily email newsletter.