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

KLX Energy Services (KLXE) came out with a quarterly loss of $1.27 per share versus the Zacks Consensus Estimate of a loss of $0.86. This compares to loss of $1.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -47.67%. A quarter ago, it was expected that this service provider to oil and natural gas producers would post a loss of $0.72 per share when it actually produced a loss of $0.80, delivering a surprise of -11.11%.Over ...