NASDAQ$NESR

National Energy Services Reunited Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

NESR Q3 2024 — $336.2M revenue, 14.00 EPS

September 30, 2024, are not necessarily indicative of the results that may be expected for the full year ending December. National Energy Services Reunited Corp reported Q3 2024 results. Diluted EPS came in at $14.00. Net income of $20.6M. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $336.2M.
  • Diluted EPS: $14.00.
  • Net income: $20.6M.
  • Operating income: $35K.
  • Gross profit: $53K.

Headline financials

Total Revenue

$336M

Previous: $838M-59.9%
EPS (adj)

$0.31

Previous: $0.11+181.8%
Capital Expenditures

-$27.4M

No prior period
Net Income

$20.6M

Previous: $10.3M+99.8%
Operating Income

$35.4M

Previous: $53.1M-33.3%
Gross Profit

$48.7M

Previous: $104M-53.3%
Stock-Based Comp

$3.57M

Previous: $5.22M-31.7%

Revenue & EPS history

NESR · Revenue · Quarterly

$336M

Q3 2024-59.9%vs Q3 2023
Beat estimate in 4 of 6 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+4.0%

Avg return

Earnings day

+4.1%

Avg return

5 days after

+0.3%

Avg return

30 days after

61%

19 / 31 earnings

Positive

+32.0%

Q4 2021

Best reaction

-12.9%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.1%+10.2%
Q4 2025+6.4%+17.1%+1.1%
Q3 2025+7.2%+9.4%+14.3%
Q2 2025+14.0%+18.1%+39.6%
Q4 2024+6.4%+1.2%-21.6%
Q3 2024+1.2%+3.4%-2.2%
Q3 2023+1.2%+3.4%-2.2%
Q2 2024-4.7%+0.0%-35.0%
Q4 2023+8.7%+0.0%+0.0%
Q4 2022+32.0%+0.0%+0.0%
Q4 2021+32.0%+0.0%+0.0%
Q1 2023-1.1%+0.0%+0.0%
Q3 2021+8.1%+0.0%+0.0%
Q2 2021-12.9%+0.0%+0.0%
Q1 2021+3.0%-0.9%+10.8%
Q4 2020+9.3%
Q3 2020-1.7%
Q2 2020+5.6%
Q1 2020+0.2%
Q4 2019+1.0%
Q3 2019+1.6%
Q2 2019+0.1%
Q1 2019-1.2%
Q4 2018-4.1%
Q3 2018+3.2%
Q2 2018-1.3%
Q1 2018-0.2%
Q4 2017-0.4%
Q3 2017-0.5%
Q2 2017+0.0%
Q1 2017+0.0%

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