Apex Trader Funding (ATF) - News
What's in Store for Newpark Resources in Q2 Earnings?
Newpark Resources, Inc. (NYSE: NR) is set to report second-quarter 2024 earnings on Aug 5, after the closing bell.
Let us delve into the factors that are anticipated to have affected this oilfield service player's quarterly performance. However, before that, it would be worth taking a look at NR's first-quarter results.
Highlights of Q1 Earnings & Surprise History
The company's adjusted earnings per share of 10 cents beat the Zacks Consensus Estimate of 5 cents in the last reported quarter.
Newpark Resources' earnings beat the Zacks Consensus Estimate once and missed the same once in the trailing two quarters, the average surprise being 28.6%. This is depicted in the graph below:
Newpark Resources, Inc. Price and EPS Surprise
Newpark Resources, Inc. price-eps-surprise | Newpark Resources, Inc. Quote
Estimate Trend
The Zacks Consensus Estimate for the company's second-quarter earnings per share of 8 cents has witnessed no downward and upward movement over the past 30 days. The estimate suggests no change from the prior-year reported number.
The Zacks Consensus Estimate for second-quarter revenues of $171 ...