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

KLX Energy Services (NASDAQ:KLXE) announced its quarterly earnings results 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 $2.62 during trading hours on Thursday, hitting $10.89. The company had a trading volume of 9,404 shares, compared to its average volume of 168,275. 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 company has a market capitalization of $96.21 million, a price-to-earnings ratio of -0.17 and a beta of 3.42. KLX Energy Services has a 52 week low of $3.73 and a 52 week high of $18.97. The company’s 50 day moving average is $11.86.

Separately, Zacks Investment Research downgraded KLX Energy Services from a “hold” rating to a “sell” rating in a research report on Tuesday, April 20th.

KLX Energy Services Company Profile

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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