Yahoo Finance Select Energy Services Full Year 2022 Earnings: EPS Misses Expectations
Select Energy Services (NYSE:WTTR) Full Year 2022 Results
Key Financial Results
Revenue: US$1.39b (up 82% from FY 2021).
Net income: US$48.3m (up from US$42.2m loss in FY 2021).
Profit margin: 3.5% (up from net loss in FY 2021).
EPS: US$0.51 (up from US$0.48 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Select Energy Services EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Energy Services industry in the US.
Performance of the American Energy Services industry.
The company's shares are down 17% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Select Energy Services that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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