The highly anticipated financial results for the third quarter of Nine Energy Service (NYSE: NINE) are scheduled to be disclosed on Thursday 31st October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
Wall Street financial experts are forecasting that the company will announce an expected $0.30 loss per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $134.6 million for this specific period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share loss of $0.39. This significant amount was the outcome of the company's total revenue, which reached an impressive $140.62 million during that particular timeframe.
Wall street analysts expect the company to generate a total revenue of $541.6 million for the entire year. Additionally, these analysts also foresee the company achieving an estimated loss of $1.3 per share for the fiscal year.
NINE will host a conference call with investment community on 1st November 2024 at 10:00 AM eastern time to discuss the financial results.
The previous trading day saw Nine Energy Service (NINE) shares trading between $0.82 and $0.87, besides a volume of 291.60 thousand shares. The stock closed Tuesday's regular trading session at $0.82, showing 4.65 percent drop.
