KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) is reporting second quarter earnings results on Wednesday 2nd September 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 2.55 per share from $ 78.90 million in revenue.
For the full year, analysts predict revenues of $ 324.00 million, while looking forward to loss of $ 11.9 per share.
Previous Quarter Performance
KLX Energy Services Holdings, Inc. outlined loss for the first quarter of $ 0.87 per share, from the revenue of $ 83.00 million. Wall street analysts are predicting, KLXE to report 1Q20 loss of $ 1.27 per share from revenue of $ 76.50 million. The bottom line results beat street analysts by $ 0.4 or 31.50 percent, at the same time, top line results outshined analysts by $ 6.50 million or 8.50 percent.
Stock Performance
Shares of KLX Energy Services Holdings, Inc. traded up $ 0.04 or 0.51 percent on Tuesday, reaching $ 7.90 with volume of 29.60 thousand shares. The stock opened down for the day at $ 7.80, after closing the previous day trading at $ 7.86.
According to the previous trading day, closing price of $ 7.86, representing a 208.24 % increase from the 52 week low of $ 2.55 and a 86.89 % decrease over the 52 week high of $ 59.95.
The company has a market capital of $ 65.01 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
KLX Energy Services Holdings, Inc. provides completion, intervention, and production services and products to the onshore oil and gas producing regions of the United States. It offers a range of technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves.
