Newpark Assets (NR) got here out with a quarterly lack of $0.02 per share versus the Zacks Consensu
Newpark Assets (NR) got here out with a quarterly lack of $0.02 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.08 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -128.57%. 1 / 4 in the past, it was anticipated that this oil and fuel trade provider would submit earnings of $0.06 per share when it truly produced earnings of $0.05, delivering a shock of -16.67%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Newpark, which belongs to the Zacks Oil and Fuel – Discipline Providers trade, posted revenues of $202.76 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 8.36%. This compares to year-ago revenues of $235.33 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.
The sustainability of the inventory’s rapid value motion based mostly on the…