RPC (NYSE:RES – Get Free Report) is scheduled to post its quarterly earnings results 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 results on Thursday, January 25th. The oil and gas company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.01. The company had revenue of $394.50 million during the quarter, compared to analyst estimates of $374.22 million. RPC had a return on equity of 21.26% and a net margin of 12.06%. The company’s quarterly revenue was down 18.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 earnings per share. 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 NYSE RES opened at $7.96 on Tuesday. The business has a fifty day simple moving average of $7.59 and a 200 day simple moving average of $7.54. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 8.84 and a beta of 1.60. RPC has a one year low of $6.34 and a one year high of $9.41.
RPC Dividend Announcement
Analysts Set New Price Targets
Separately, Susquehanna upped their target price 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 Analysis on RES
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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