Analysts Estimate Cactus, Inc. (WHD) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Cactus, Inc. is expected to report a year-over-year decline in earnings and revenues, with the consensus EPS estimate revised lower, indicating a bearish outlook from analysts [3][5][13]. Earnings Expectations - The company is projected to post quarterly earnings of $0.70 per share, reflecting a decline of 16.7% year-over-year [5]. - Revenues are anticipated to be $274.7 million, down 10.2% from the same quarter last year [13]. Estimate Revisions - The consensus EPS estimate has been revised 2.57% lower over the last 30 days, showing a collective reassessment by covering analysts [13]. - Cactus has an Earnings ESP of -1.07%, suggesting that the Most Accurate Estimate is lower than the Zacks Consensus Estimate, indicating a negative sentiment among analysts [8][9]. Earnings Surprise History - Over the last four quarters, Cactus has beaten consensus EPS estimates three times, but the current indicators do not suggest a strong likelihood of an earnings beat for the upcoming report [20][21]. Zacks Rank and Predictive Power - The stock currently holds a Zacks Rank of 3 (Hold), which does not strongly favor an earnings beat [16]. - A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a higher Zacks Rank, but Cactus's current metrics do not align favorably [15].