| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Ranger Energy Services (NYSE:RNGR) is set to give its latest quarterly earnings report on Tuesday, 2023-10-31. Here's what investors need to know before the announcement.
Analysts estimate that Ranger Energy Services will report an earnings per share (EPS) of $0.47.
Ranger Energy Services bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Last quarter the company missed EPS by $0.18, which was followed by a 7.51% increase in the share price the next day.
Here's a look at Ranger Energy Services's past performance and the resulting price change:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.42 | 0.29 | 0.36 | 0.29 |
| EPS Actual | 0.24 | 0.25 | 0.30 | 0.54 |
| Price Change % | 7.51% | -1.6% | 1.06% | -1.18% |
Shares of Ranger Energy Services were trading at $13.4 as of October 27. Over the last 52-week period, shares are up 24.91%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Ranger Energy Services visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: RNGR
