Cactus Q4 Earnings and Revenues Lag Estimates on Lower Segment EBITDA
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Cactus Inc. (WHD) reported Q4 earnings and revenues that fell short of estimates due to decreased revenues from its Pressure Control segment. The company anticipates U.S. land activity levels to remain flat in the first quarter.
February 28, 2025 | 4:00 pm
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Cactus Inc. reported lower-than-expected Q4 earnings and revenues, primarily due to decreased revenues from the Pressure Control segment. The company projects flat U.S. land activity in Q1.
The earnings and revenue miss, along with the underperformance of the Pressure Control segment, are likely to negatively impact WHD's stock price in the short term. The flat projection for U.S. land activity in Q1 adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100