Natural Gas Services Group, Inc. (NYSE:NGS) is reporting second quarter financial results on Tuesday 18th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, NGS is expected to report 2Q20 loss of $ 0.15 per share from revenue of $ 13.40 million.
For the full year, analysts anticipate top line of $ 54.30 million, while looking forward to loss of $ 0.55 per share bottom line.
Previous Quarter Performance
Natural Gas Services Group, Inc. reported loss for the first quarter of $ 0.06 per share, from the revenue of $ 17.89 million. The quarterly revenues raised 5.11 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.09 per share from $ 17.25 million in revenue. The bottom line results beat street analysts by $ 0.03 or 33.33 percent, at the same time, top line results outshined analysts by $ 0.64 million or 3.71 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 90.60 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
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Conference Call
Natural Gas Services Group, Inc. will be hosting a conference call at 11:00 AM eastern time on 18th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ngsgi.com
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.
