RPC's Q4 Earnings Miss Expectations, Shares Down 21.7% YTD

RPC (RES) reported Q4 earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.07 per share. This represents a surprise of -42.86%. The company reported revenues of $425.78 million, surpassing the Zacks Consensus Estimate by 0.18%. RPC's shares have added about 21.7% since the beginning of the year. The company has a Zacks Rank #3 (Hold) and the current consensus EPS estimate is $0.06 on $429 million in revenues for the coming quarter and $0.28 on $1.73 billion in revenues for the current fiscal year.