KLX Energy Services Hldgs Q3 2024 Adj EPS $(0.40) Beats $(0.46) Estimate, Sales $189.00M Beat $181.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
KLX Energy Services Holdings reported a Q3 2024 adjusted EPS of $(0.40), beating the estimate of $(0.46). Sales were $189 million, surpassing the $181.20 million estimate, but down 14.32% from last year.
October 31, 2024 | 8:44 pm
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KLX Energy Services Holdings reported better-than-expected Q3 2024 results with an EPS of $(0.40) and sales of $189 million, both beating analyst estimates. However, sales decreased by 14.32% compared to the same period last year.
KLX Energy Services Holdings exceeded analyst expectations for both EPS and sales, which is typically positive for stock prices. However, the year-over-year sales decline may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100