* Nine Energy Service Inc reported a quarterly adjusted loss of 25 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -38 cents. The lone analyst forecast for the quarter was for a loss of 30 cents per share.
* Revenue fell 1.7% to $138.16 million from a year ago; analysts expected $134.60 million.
* Nine Energy Service Inc's reported EPS for the quarter was a loss of 26 cents.
* The company reported a quarterly loss of $10.14 million.
* Nine Energy Service Inc shares had fallen by 11.9% this quarter and lost 62.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 33.3% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the oil related services and equipment peer group is also "sell"
Wall Street's median 12-month price target for Nine Energy Service Inc is $1.00 This summary was machine generated from LSEG data November 1 at 03:00 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.30 -0.25 Beat
Jun. 30 2024 -0.37 -0.39 Missed
Mar. 31 2024 -0.32 -0.24 Beat
Dec. 31 2023 -0.35 -0.28 Beat
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