Cactus, Inc. (WHD) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.75 per share a year ago.
WHD Q4 earnings and revenues lag estimates on decreased revenues from the Pressure Control segment. The company expects U.S. land activity level in the first quarter to be flat sequentially.
Cactus Inc. (NYSE:WHD ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Alan Boyd - Director of Corporate Development & Investor Relations Scott Bender - Chief Executive Officer & Chairman of the Board Jay Nutt - Executive Vice President, Chief Financial Officer and Treasurer Steven Bender - Chief Operating Officer Conference Call Participants Stephen Gengaro - Stifel Arun Jayaram - J.P. Morgan Securities Scott Gruber - Citigroup Operator Good day and thank you for standing by and welcome to the Cactus Q4 2024 Earnings Call.
Cactus, Inc. (WHD) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.81 per share a year ago.
Get a deeper insight into the potential performance of Cactus (WHD) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Cactus Inc. has consistently posted strong EPS growth despite fluctuating political climates, demonstrating resilience and industry dominance. President Trump's deregulatory policies favor Cactus, boosting oil and gas production and benefiting the company's growth and profitability. Cactus has impressive financial metrics: 58% EPS growth, 21.4% revenue growth, 19.6% return on equity, and 16.6% net margins.
Integrated players' midstream operations remain robust due to steady fee-based revenues derived from pipeline assets, improving the prospects for the Zacks Oil & Gas US Integrated industry. ConocoPhillips (COP), Occidental (OXY) Cactus (WHD) & Berry (BRY) are likely to gain.
Cactus (WHD) reported earnings 30 days ago. What's next for the stock?
Cactus Inc. (NYSE:WHD ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants John Fitzgerald - Director of Corporate Development & Investor Relations Scott Bender - Chief Executive Officer & Chairman of the Board Jay Nutt - Executive Vice President, Chief Financial Officer and Treasurer Stephen Tadlock – Chief Executive Officer, Flex Steel Joel Bender - President Conference Call Participants Arun Jayaram - J.P. Morgan Securities LLC Scott Gruber - Citigroup Stephen Gengaro - Stifel David Anderson – Barclays Jeff LeBlanc - TPH Operator Good day, and thank you for standing by.
WHD Q3 earnings and revenues beat estimates on increased revenues from both segments. The company expects a relatively subdued U.S. land activity level in Q4.
Cactus, Inc. (WHD) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.80 per share a year ago.
Cactus (WHD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.