Cactus Q3 2024 Adj EPS $0.79 Beats $0.75 Estimate, Sales $293.18M Beat $288.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cactus (NYSE:WHD) reported Q3 2024 earnings of $0.79 per share, beating estimates of $0.75, despite a slight decrease from last year's $0.80. Sales also surpassed expectations at $293.18M, a 1.84% increase from the previous year.
October 30, 2024 | 9:47 pm
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Cactus reported Q3 2024 earnings of $0.79 per share, beating the $0.75 estimate, and sales of $293.18M, surpassing the $288.09M estimate. Despite a slight decrease in EPS from last year, sales increased by 1.84%.
Cactus exceeded both EPS and sales estimates, which is generally positive for stock prices. The slight decrease in EPS from last year is offset by the sales growth, indicating strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100