KLX Energy Services (NASDAQ:KLXE) Posts Earnings Results, Misses Estimates By $1.69 EPS

KLX Energy Services (NASDAQ:KLXE) posted its quarterly earnings data on Tuesday. The company reported ($4.01) EPS for the quarter, missing the Zacks’ consensus estimate of ($2.32) by ($1.69), Fidelity Earnings reports. KLX Energy Services had a negative net margin of 120.01% and a negative return on equity of 168.42%.

NASDAQ:KLXE traded down $2.39 during trading hours on Thursday, reaching $11.12. 9,504 shares of the company’s stock were exchanged, compared to its average volume of 168,275. The stock has a market cap of $98.25 million, a P/E ratio of -0.17 and a beta of 3.42. KLX Energy Services has a 12 month low of $3.73 and a 12 month high of $18.97. The company has a debt-to-equity ratio of 7.74, a current ratio of 1.94 and a quick ratio of 1.67. The stock has a 50-day moving average price of $11.86.

A number of research analysts recently commented on the stock. R. F. Lafferty lowered shares of KLX Energy Services from a “buy” rating to a “hold” rating in a research note on Thursday. Zacks Investment Research cut shares of KLX Energy Services from a “hold” rating to a “sell” rating in a report on Tuesday, April 20th.

About KLX Energy Services

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; and downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals.

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Earnings History for KLX Energy Services (NASDAQ:KLXE)

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