RPC Q1 Earnings Lag Estimates, Revenues Fall Y/Y on Sluggish Demand

RPC Inc. (RES) reported first-quarter 2025 adjusted earnings of 6 cents per share, which missed the Zacks Consensus Estimate of 7 cents. The bottom line declined from the year-ago figure of 13 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Total quarterly revenues were $332.9 million, down from the year-ago quarter’s $377.8 million. The top line, however, beat the Zacks Consensus Estimate of $332 million.The weak quarterly earnings were primarily due to flat pressure pumping ...