Preview: KLX Energy Services Hldgs's Earnings

KLX Energy Services Hldgs KLXE is set to give its latest quarterly earnings report on Wednesday, 2023-03-08. Here's what investors need to know before the announcement.

Analysts estimate that KLX Energy Services Hldgs will report an earnings per share (EPS) of $1.18.

KLX Energy Services Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at KLX Energy Services Hldgs's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate
EPS Actual 0.96 -0.67 -1.98 -1.98
Price Change % 4.14% 10.37% 24.69% 4.43%

Stock Performance

Shares of KLX Energy Services Hldgs were trading at $14.27 as of March 06. Over the last 52-week period, shares are up 46.81%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for KLX Energy Services Hldgs visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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