Superior Energy Services Earnings Preview
Superior Energy Services (NYS: SPN) will try to beat its earnings estimates for the third consecutive quarter. The company will unveil its latest earnings on Thursday, Feb. 23. Superior Energy Services is a provider of specialized oilfield services and equipment focusing on serving the production- and drilling-related needs of oil and gas companies.
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on Superior Energy Services as eight analysts rate it as a buy and only one analyst rates it as a hold. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $566.9 million in revenue this quarter. That would represent a rise of 24.1% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.67 per share. Estimates range from $0.63 to $0.69.
What our community says:
CAPS All-Stars are solidly backing the stock, with 98.7% giving it an "outperform" rating. The community at large agrees with the All-Stars, with 98.4% granting it a rating of "outperform." Fools are bullish on Superior Energy Services, though the message boards have been quiet lately with only one post in the past 30 days. Even with a robust four out of five stars, Superior Energy Services' CAPS rating falls a little short of the community's upbeat outlook.
Superior Energy Services' profit has risen year over year by an average of 12.2% over the past five quarters.
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At the time this article was published
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