NCS Multistage Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• NCS Multistage Holdings Inc NCSM.OQ reported quarterly adjusted earnings of $1.32​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -36 cents. The mean expectation of two analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 80 cents to 83 cents per share.

• Revenue rose 27.7% to $45.00 million from a year ago; analysts expected $40.26 million.

• NCS Multistage Holdings Inc's reported EPS for the quarter was $1.32​.

• The company reported quarterly net income of $3.47 million.

• NCS Multistage Holdings Inc shares had fallen by 1.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil related services and equipment peer group is also "strong buy"

Wall Street's median 12-month price target for NCS Multistage Holdings Inc is $39.00

This summary was machine generated from LSEG data March 10 at 09:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)