RPC(US:RES) ZACKS·2025-04-24 12:55Group 1: Earnings Performance - RPC reported quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share, and down from $0.13 per share a year ago, representing an earnings surprise of -14.29% [1] - The company posted revenues of $332.88 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.23%, but down from year-ago revenues of $377.83 million [2] - Over the last four quarters, RPC has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - RPC shares have lost about 17% since the beginning of the year, compared to the S&P 500's decline of -8.6% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimate for the coming quarter at $0.08 on revenues of $345.3 million, and $0.31 on revenues of $1.37 billion for the current fiscal year [7] - The estimate revisions trend for RPC is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The Oil and Gas - Field Services industry, to which RPC belongs, is currently in the bottom 40% of the Zacks industry rankings, which can materially impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions is important for investors [5]