A Preview Of Ranger Energy Services's Earnings
Portfolio Pulse from Benzinga Insights
Ranger Energy Services (NYSE:RNGR) is set to release its quarterly earnings report on 2024-03-05, with analysts estimating an EPS of $0.29. Historical performance shows mixed results with both misses and beats in past quarters. Shares are currently trading at $10.7, down 7.09% over the last year. Investors are looking for positive guidance for the next quarter.
March 04, 2024 | 7:01 pm
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POSITIVE IMPACT
Ranger Energy Services is expected to report an EPS of $0.29 for the latest quarter. Historical data shows fluctuating performance, with shares down 7.09% over the last year. Positive future guidance could influence stock performance.
Given the anticipation of the earnings report and the historical impact of earnings performance on RNGR's stock price, a positive earnings surprise or optimistic future guidance could lead to a short-term increase in the stock price. However, the recent downtrend and past volatility in response to earnings announcements suggest a cautious optimism.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100