What To Expect From Ranger Energy Services, Inc. (RNGR) 2Q20 Earnings

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Ranger Energy Services, Inc. (NYSE:RNGR) is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.53 per share.

Looking ahead, the full year loss are expected at $ 1.2 per share on the revenues of $ 192.43 million.

Previous Quarter Performance

Ranger Energy Services, Inc. communicated income for the first quarter of $ 0.15 per share, from the revenue of $ 81.00 million. The quarterly earnings shrunk 80.70 percent while revenues compared with the same quarter last year.
The consensus estimates are $ 77.46 million in revenue The bottom line results street analysts by $ 0.43 or , at the same time, top line results outshined analysts by $ 3.54 million or 4.57 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Ranger Energy Services, Inc.

Stock Performance

According to the previous trading day, closing price of RNGR was $ 3.26, representing a 30.92 % increase from the 52 week low of $ 2.49 and a 59.2 % decrease over the 52 week high of $ 7.99.

The company has a market capital of $ 50.02 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.

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Ranger Energy Services, Inc. provides well service rigs and related services in the United States. It operates through three segments: High Specification Rigs, Completion and Other Services, and Processing Solutions.