Sup Energy Svcs (SPN) Releases Q3 Earnings Guidance
Sup Energy Svcs (SPN) updated its third quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.52-0.55 for the period.
Several analysts have also recently commented on the stock. Analysts at Tudor Pickering downgraded shares of Sup Energy Svcs from a buy rating to an accumulate rating in a research note to investors on Tuesday. On a related note, analysts at Williams Financial Group initiated coverage on shares of Sup Energy Svcs in a research note to investors on Friday, September 21st. They set a buy rating on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Sup Energy Svcs in a research note to investors on Wednesday, September 12th. They set a hold rating on the stock.
Sup Energy Svcs (SPN) traded up 0.49% on Tuesday, hitting $20.36. Sup Energy Svcs (SPN) has a 52-week low of $17.54 and a 52-week high of $31.88. The company has a market cap of $3.199 billion and a price-to-earnings ratio of 8.25.
Sup Energy Svcs last posted its quarterly earnings results on Monday, July 30th. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.82 by $0.01. The company’s quarterly revenue was up 159.6% on a year-over-year basis. Analysts expect that Sup Energy Svcs (SPN) will post $2.80 EPS for the current fiscal year.
Superior Energy Services, Inc. is a diversified provider of specialized oilfield services and equipment.
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