Street Expectation From Dawson Geophysical Company ($DWSN) 3Q20 Earnings?

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Dawson Geophysical Company (NASDAQ:DWSN) is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.

Previous Quarter Performance

Dawson Geophysical Company outlined income for the second quarter of $ 0.06 per share, from the revenue of $ 29.50 million. The consensus estimates are $ 36.98 million in revenue The top line results fell short of analysts by $ 7.48 million or 20.23 percent.

Stock Performance

Shares of Dawson Geophysical Company traded low $ -0.02 or -0.96 percent on Wednesday, reaching $ 2.06 with volume of 36.40 thousand shares. Dawson Geophysical Company has traded high as $ 2.12 and has cracked $ 2.04 on the downward trend

According to the previous trading day, closing price of $ 2.06, representing a 147.62 % increase from the 52 week low of $ 0.84 and a 29.01 % decrease over the 52 week high of $ 2.93.

The company has a market capital of $ 48.10 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.

Conference Call

Dawson Geophysical Company will be hosting a conference call at 10:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dawson3d.com

Dawson Geophysical Company provides onshore seismic data acquisition services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries. Its seismic crews supply seismic data primarily to companies engaged in the exploration and development of oil and natural gas on land and in land-to-water transition areas.