Newpark Resources (NR) Scheduled to Post Earnings on Thursday

Newpark Resources (NYSE:NR - Get Free Report) will be issuing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Newpark Resources (NYSE:NR - Get Free Report) last announced its quarterly earnings data on Monday, August 5th. The oil and gas company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.04. The firm had revenue of $179.01 million for the quarter, compared to analysts' expectations of $171.04 million. Newpark Resources had a net margin of 3.15% and a return on equity of 7.49%. During the same period last year, the firm earned $0.08 earnings per share. On average, analysts expect Newpark Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Newpark Resources Trading Down 0.3 %

Shares of Newpark Resources stock traded down $0.02 on Thursday, hitting $6.71. 173,579 shares of the company's stock traded hands, compared to its average volume of 662,584. Newpark Resources has a one year low of $5.61 and a one year high of $8.65. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.61 and a quick ratio of 1.61. The stock has a market capitalization of $580.19 million, a PE ratio of 26.92 and a beta of 2.86. The firm's 50-day moving average price is $7.29 and its two-hundred day moving average price is $7.61.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. StockNews.com cut Newpark Resources from a "buy" rating to a "hold" rating in a report on Monday, September 23rd. HC Wainwright reiterated a "buy" rating and issued a $12.00 target price on shares of Newpark Resources in a report on Thursday, September 19th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Newpark Resources currently has an average rating of "Moderate Buy" and a consensus target price of $11.00.

Newpark Resources Company Profile

Newpark Resources, Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.