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Nine Energy Service Stock Soars 18% on Positive Earnings Surprise
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jun 13, 2025 4:25 am ET1min read
On June 13, 2025, Nine Energy Service's stock surged by 18% in pre-market trading, marking a significant uptick in investor interest and confidence in the company's prospects.
Nine Energy Service recently reported its Q1 2025 earnings, with an EPS of -$0.18, which exceeded analysts' consensus estimates of -$0.20 by $0.02. This positive earnings surprise has likely contributed to the recent bullish sentiment surrounding the stock.
Analysts predict that Nine Energy Service's earnings are expected to improve in the coming year, transitioning from a loss of $1.12 per share to a reduced loss of $0.75 per share. This anticipated improvement in financial performance has likely bolstered investor optimism and driven the recent stock price increase.
The stock has shown signs of strength, with a recent upward movement that suggests a positive sentiment change or a significant
deal. This trend is expected to continue, further supporting the stock's upward trajectory.
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