RPC Earnings Preview: Can This Streak Continue?
RPC (NYSE:RES) will report earnings before markets open on Wednesday, April 24th. RPC, Inc. provides specialized oilfield services and equipment to independent and major oilfield companies. The Company’s services include snubbing services, coiled tubing services, pressure pumping services, marine services, firefighting and well control, and rental of drill pipe and other equipment.
Here is your Cheat Sheet to Rpc Earnings:
Earnings Expectations: Analysts expect earnings of $0.25 per share on revenues of $472.35 million. Currently, the company’s P/E ratio stands at 11.17.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.22 to a profit $0.24. For the current year, the average estimate is a profit of $1, which is better than the estimate ninety days ago.
Here’s how Rpc has been performing on an annual basis:
|Revenue ($) in millions||876.98||587.86||1,096||1,810||1,945|
|Diluted EPS ($)||0.38||-0.1067||0.67||1.35||1.27|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||482.78||502.56||500.11||472.42||469.94|
|Diluted EPS ($)||0.34||0.37||0.33||0.30||0.27|
Rpc has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)