RES Earnings

RES reported its earnings on 2026-02-03, showcasing a revenue of 425.78M against an estimate of 425.00M, resulting in a 0.18% surprise. The EPS was 0.04, surpassing the expected 0.07 by -42.86%. The stock experienced a -17.37% price change on the earnings day and a -12.84% change over the next five days, reflecting market reactions to the results.

Following RES's earnings announcement on 2026-02-03, the stock price moved by -17.37% on the day of the release. Over the subsequent five days, it saw a -12.84% change. Historically, RES's stock price tends to shift by an average of 0.87% in the 10 days leading up to earnings and -3.79% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate RES's annual revenue to reach 416.54M, while the EPS is projected at 0.06. These estimates reflect recent revisions, with revenue estimates revised downward by -0.19% and EPS estimates revised downward by -0.72% over the past three months, indicating analyst expectation in the company's performance.

The correlation between RES's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised downward by -0.19%, while EPS estimates moved revised downward by -0.72%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, RES's stock price typically moves by 0.87% in the 10 days before its earnings and -3.79% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.06 and revenue of 416.54M.

The earnings call summary indicates several negative aspects: a decline in coiled tubing revenue, decreased EBITDA and margins, and increased SG&A expenses. The Q&A section reveals uncertainties, such as weather impacts and a cautious approach to fleet reactivation and M&A. Management's vague responses and lack of clear guidance further contribute to negative sentiment. Despite some positive elements like increased cementing revenue and a strong balance sheet, these are overshadowed by broader concerns and uncertainties, suggesting a negative stock price movement in the short term.