Cactus, Inc. (WHD) Q2 Earnings and Revenues Lag Estimates

Company Performance - Cactus, Inc. reported quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.67 per share, and down from $0.81 per share a year ago, representing an earnings surprise of -1.49% [1] - The company posted revenues of $273.58 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.74%, and down from $290.39 million year-over-year [2] - Over the last four quarters, Cactus has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Outlook - Cactus shares have lost approximately 19.2% since the beginning of the year, while the S&P 500 has gained 8.3% [3] - The current consensus EPS estimate for the coming quarter is $0.66 on revenues of $275.8 million, and for the current fiscal year, it is $2.66 on revenues of $1.1 billion [7] - The estimate revisions trend for Cactus was unfavorable ahead of the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Oil and Gas - Integrated - United States industry, to which Cactus belongs, is currently in the bottom 8% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]