RPC's Q3 Adjusted Earnings, Revenue Rise

MT Newswires Live

2024/10/24

RPC (RES) reported Q3 adjusted earnings Thursday of $0.09 per diluted share, up from $0.08 a year earlier.

Analysts polled by Capital IQ expected $0.13.

Revenue for the quarter ended Sept. 30 was $337.7 million, up from $330.4 million a year earlier.

Four analysts surveyed by Capital IQ expected $368.9 million.

The company said its board maintained its quarterly dividend at $0.04 per share, payable Dec. 10 to shareholders as of Nov. 11.

RPC's shares fell 2.2% in recent Thursday premarket activity.

Price: 6.15, Change: -0.14, Percent Change: -2.23

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