CSI Compressco LP (NASDAQ:CCLP) is set to announce second quarter earning results on Monday 3rd August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CCLP to report 2Q20 loss of $ 0.25 per share.
For the full year, analysts anticipate top line of $ 306.09 million, while looking forward to loss of $ 1.4 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 430.00 million ~ $ 460.00 million
Click Here For More Historical Outlooks Of CSI Compressco LP
Previous Quarter Performance
CSI Compressco LP announced loss for the first quarter of $ 0.16 per share, from the revenue of $ 90.28 million. The quarterly earnings while revenues compared with the same quarter last year.
Wall street analysts are predicting, CCLP to report 1Q20 loss of $ 0.18 per share from revenue of $ 93.12 million. The bottom line results beat street analysts by $ 0.02 or 11.11 percent, at the same time, top line results fell short of analysts by $ 2.84 million or 3.05 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of CSI Compressco LP
Stock Performance
According to the previous trading day, closing price of CCLP was $ 0.95, representing a 171.43 % increase from the 52 week low of $ 0.35 and a 76.13 % decrease over the 52 week high of $ 3.98.
The company has a market capital of $ 44.98 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
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Conference Call
CSI Compressco LP will be hosting a conference call at 9:30 AM eastern time on 3rd 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.csicompressco.com
CSI Compressco LP provides compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage applications in the United States and internationally. It fabricates and sells standard and custom-designed compressor packages, and compressor package parts and components, as well as provides aftermarket services, such as operations, maintenance, overhaul, and reconfiguration. The company offers GasJack and VJack electric powered low-horsepower compressor packages to provide production enhancement services for dry gas wells, liquid-loaded gas wells, and backside auto injection systems.
