Kodiak Gas Services Inc reports results for the quarter ended September 30 - Earnings Summary

• Kodiak Gas Services Inc KGS.N reported quarterly adjusted earnings of 70 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from 53 cents to 66 cents per share.

• Revenue rose 24.5% to $401.79 million from a year ago; analysts expected $386.77 million.

• Kodiak Gas Services Inc's reported EPS for the quarter was 70 cents​.

• The company reported quarterly net income of $71.53 million.

• Kodiak Gas Services Inc shares had fallen by 21.3% this quarter and gained 11.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"

• Wall Street's median 12-month price target for Kodiak Gas Services Inc is $78.00, about 46.6% above its last closing price of $41.67

This summary was machine generated from LSEG data November 9 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)