Natural Gas Services Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Natural Gas Services Group Inc NGS.N reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of three analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 29 cents to 42 cents per share.

• Revenue rose 7.5% to $41.38 million from a year ago; analysts expected $41.87 million.

• Natural Gas Services Group Inc's reported EPS for the quarter was 41 cents​.

• The company reported quarterly net income of $5.19 million.

• Natural Gas Services Group Inc shares had fallen by 4.0% this quarter and lost 7.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 33.8% 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 4 "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 "buy."

• Wall Street's median 12-month price target for Natural Gas Services Group Inc is $33.00, about 23.2% above its last closing price of $25.35

This summary was machine generated from LSEG data August 11 at 09:37 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)