Ranger Energy Services Q2 EPS $0.29 Misses $0.46 Estimate, Sales $176.500M Beat $165.367M Estimate
Ranger Energy Services (NYSE:RNGR) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.46 by 36.96 percent. This is a 9.38 percent decrease over earnings of $0.32 per share
Ranger Energy made more money from sales than people thought, but earned less profit per share than expected—like selling more lemonade but keeping less money from each cup. When a company misses on profit while beating on sales, watch whether they can control their costs better next time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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