What to Expect from Kodiak Gas Services's Earnings

Kodiak Gas Services KGS is set to give its latest quarterly earnings report on Wednesday, 2024-11-06. Here's what investors need to know before the announcement.

Analysts estimate that Kodiak Gas Services will report an earnings per share (EPS) of $0.37.

Anticipation surrounds Kodiak Gas Services's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

In the previous earnings release, the company missed EPS by $0.47, leading to a 10.95% drop in the share price the following trading session.

Here's a look at Kodiak Gas Services's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.53 0.33 0.29 0.19
EPS Actual 0.06 0.39 -0.09 0.28
Price Change % -11.0% -0.0% -6.0% 1.0%

eps graph

Stock Performance

Shares of Kodiak Gas Services were trading at $31.2 as of November 04. Over the last 52-week period, shares are up 90.78%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Kodiak Gas Services visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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