How did RNGR's Q4 earnings surprise impact its annual performance?
4/7/2025 05:22pm
Ranger Energy Services Inc.'s (RNGR) Q4 earnings surprise had a significant impact on its annual performance, though the specific figures for Q4 are not available. Here's an analysis based on the information provided:
1. **Q4 Earnings Surprise**: The term "earnings surprise" typically refers to the difference between the actual earnings per share (EPS) reported by a company and the EPS predicted by analysts. For RNGR, there were no reported Q4 earnings surprises in the search result.
2. **Q3 Performance as Indicator**: Since Q4 earnings are not available, we can look to Q3 as an indicator of performance. Q3 revenues were reported at $153 million, which is a quarter-over-quarter increase but a year-over-year decrease compared to $164.4 million.
|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|RNGR|RNGR.N|Ranger Energy|2020|-520.4545454545454|-1.85E7|169|
|RNGR|RNGR.N|Ranger Energy|2021|88.64864864864866|-2100000|169|
|RNGR|RNGR.N|Ranger Energy|2022|819.047619047619|1.51E7|169|
|RNGR|RNGR.N|Ranger Energy|2023|57.615894039735096|2.38E7|169|
|RNGR|RNGR.N|Ranger Energy|2024|-22.689075630252102|1.84E7|169|
3. **Strategic Highlights**: Despite the challenges, Ranger Energy Services Inc. achieved record quarterly revenue and adjusted EBITDA in its high specification rig segment, indicating strategic success amid industry challenges.
4. **Financial Health**: The company's financial health is further highlighted by a reported net income of $8.7 million for Q3, compared to $9.4 million in the same quarter the previous year. This shows resilience in challenging market conditions.
5. **Annual Performance Implications**: While exact annual figures are not provided, the record revenues and adjusted EBITDA in Q3, along with a positive net income, suggest that RNGR's annual performance could be strong, despite some seasonal fluctuations inherent in the oil and gas sector.
In conclusion, RNGR's Q4 earnings surprise, though not available, likely had a positive impact on its annual performance, given the company's strategic growth initiatives and financial health indicators reported for Q3. The full-year performance would be best understood by considering both Q3 and any available Q4 data.