Stock Track | RPC Inc. Plummets 5.14% as Q4 Earnings, Revenue Decline

Stock Track

01-31

RPC Inc. (RES) saw its stock price plummet 5.14% intraday on Thursday as the company reported disappointing fourth-quarter earnings and revenue results.

According to the company's earnings report, RPC Inc. posted adjusted earnings of $0.06 per diluted share for the quarter ended December 31, 2024, missing analysts' expectations of $0.07 per share. The earnings figure also marked a significant decline from the $0.19 per share reported in the same quarter a year earlier.

RPC Inc.'s revenue for the fourth quarter fell to $335.4 million, down 15% from $394.5 million in the year-ago period, and slightly below analysts' estimates of $328.8 million.

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Plummets 5.14% as Q4 Earnings, Revenue Decline\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-01-31 01:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>RPC Inc. (RES) saw its stock price plummet 5.14% intraday on Thursday as the company reported disappointing fourth-quarter earnings and revenue results.</p>\n\n<p>According to the company's earnings report, RPC Inc. posted adjusted earnings of $0.06 per diluted share for the quarter ended December 31, 2024, missing analysts' expectations of $0.07 per share. 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