Natural Gas Services Group, Inc. (NYSE:NGS) is set to announce third quarter earning results on Monday 16th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, NGS to report 3Q20 loss of $ 0.07 per share.
For the full year, analysts anticipate top line of $ 64.85 million, while looking forward to loss of $ 0.22 per share bottom line.
Previous Quarter Performance
Natural Gas Services Group, Inc. outlined income for the second quarter of $ 0.01 per share, from the revenue of $ 17.41 million. The quarterly earnings down 75.00 percent while revenues down 12.51 percent compared with the same quarter last year.
Wall street analysts are predicting, NGS to report 2Q20 loss of $ 0.15 per share from revenue of $ 13.40 million. The bottom line results beat street analysts by $ 0.16 or 106.67 percent, at the same time, top line results outshined analysts by $ 4.01 million or 29.93 percent.
Stock Performance
On Friday, shares of Natural Gas Services Group, Inc. has traded high as $ 10.79 and has cracked $ 9.94 on the downward trend, reaching $ 10.40 with volume of 54.20 thousand shares.
According to the previous trading day, closing price of $ 10.40, representing a 295.04 % increase from the 52 week low of $ 2.62 and a 21.23 % decrease over the 52 week high of $ 13.14.
The company has a market capital of $ 140.08 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
Natural Gas Services Group, Inc. provides small to medium horsepower compression equipment to the natural gas industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses.
