|Bid||3.6000 x 1300|
|Ask||3.9900 x 1100|
|Day's Range||3.1600 - 3.6700|
|52 Week Range||0.3800 - 6.5900|
|Beta (5Y Monthly)||3.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.13|
Nine Energy Service (NYSE:NINE) releases its next round of earnings this Monday, March 08. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report. What Are Earnings, Net Income, And Earnings Per Share? Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding. Earnings And Revenue Analysts are predicting Nine Energy Service will report a loss of $0.84 per share on revenue of $56.55 million. Nine Energy Service EPS in the same period a year ago totaled $0.57. Sales were $163.41 million. Why Analyst Estimates And Earnings Surprises Are Important Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin. View more earnings on NINE If the company were to match the consensus estimate, earnings would be down 47.37%. Sales would be down 65.39% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up: Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020 EPS Estimate -0.89 -1 -0.37 -0.48 EPS Actual -1.13 -1.13 -0.51 -0.57 Revenue Estimate 51.07 M 60.55 M 158.96 M 155.53 M Revenue Actual 49.52 M 52.73 M 146.62 M 163.41 M Stock Performance Shares of Nine Energy Service were trading at $3.38 as of March 04. Over the last 52-week period, shares are up 149.26%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Do not be surprised to see the stock move on comments made during its conference call. Nine Energy Service is scheduled to hold the call at 10:00:00 ET and can be accessed here. See more from BenzingaClick here for options trades from BenzingaEarnings Outlook For ClarusEarnings Outlook For SI-BONE© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Nine Energy (NINE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2020 Earnings Release and Conference Call