How did NESR's Q1 2025 EPS forecast compare to past trends?
4/13/2025 01:41pm
NESR's Q1 2025 EPS forecast was $0.19, which compared to the following historical trends:
1. **Recent Performance**: In the past 12 months, NESR beat its EPS estimate 0.00% of the time, indicating a consistent performance that has not exceeded expectations.
2. **Trends and Variations**: The EPS ranged from $1.40 to $1.50 in the first quarter of 2025, which was within the historical range of the company's performance. The EPS in the previous quarter was $0.22, showing a slight variation but maintaining a relatively stable trend.
3. **Growth and Challenges**: Despite the moderate subsidence expected in H1 2025 due to geopolitics and seasonal patterns, NESR remained confident in its full-year 2025 outlook, particularly in serving customers' oil and gas demands. This suggests that while there may be short-term challenges, the company's long-term prospects are positive.
In conclusion, NESR's Q1 2025 EPS forecast was in line with its historical performance, reflecting a company that has maintained a steady level of profitability despite some external challenges.