KLX Energy Services (KLXE) Reports Q1 Loss, Misses Revenue Estimates

Core Viewpoint - KLX Energy Services reported a quarterly loss of $1.27 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.86, indicating a significant earnings surprise of -47.67% [1] Financial Performance - The company posted revenues of $154 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 4.23%, and down from $174.7 million in the same quarter last year [2] - Over the last four quarters, KLX Energy Services has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - KLX Energy Services shares have declined approximately 60.4% since the beginning of the year, contrasting with the S&P 500's decline of -4.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.46 on revenues of $177.1 million, and for the current fiscal year, it is -$2.31 on revenues of $696.9 million [7] Industry Outlook - The Oil and Gas - Field Services industry, to which KLX Energy Services belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting a challenging environment for the company [8]