A Glimpse of RPC's Earnings Potential
Portfolio Pulse from Benzinga Insights
RPC (NYSE:RES) is set to release its quarterly earnings report on October 24, 2024, with analysts estimating an EPS of $0.12. Investors are keen on the earnings and guidance, as past performance showed a slight share price increase after beating estimates. RPC's shares have declined 15.31% over the past year, and the consensus rating is Neutral with a price target of $7.0, indicating an 11.29% upside. Compared to peers, RPC faces challenges with a negative revenue growth of -12.43% but shows strong net margins and low debt levels.
October 23, 2024 | 7:02 pm
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RPC is expected to report an EPS of $0.12 on October 24, 2024. The stock has declined 15.31% over the past year, and the consensus rating is Neutral with a price target of $7.0, suggesting an 11.29% upside. Investors are focused on earnings and guidance, as past performance showed a slight share price increase after beating estimates.
RPC's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $0.12. The stock has been underperforming, down 15.31% over the past year, but the Neutral rating and price target suggest potential upside. The market will likely react to both the earnings results and any guidance provided, as past performance showed a positive reaction to beating estimates.
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