KLX Energy Services (KLXE) Reports Q2 Loss, Lags Revenue Estimates

Company Performance - KLX Energy Services reported a quarterly loss of $0.88 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.62, and compared to a loss of $0.4 per share a year ago, indicating a significant decline in performance [1] - The company posted revenues of $159 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.75%, and down from $180.2 million in the same quarter last year [2] - Over the last four quarters, KLX Energy Services has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - KLX Energy Services shares have lost approximately 64.5% since the beginning of the year, contrasting sharply with the S&P 500's gain of 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.69 on revenues of $162.1 million, and for the current fiscal year, it is -$3.36 on revenues of $629.4 million [7] Industry Outlook - The Oil and Gas - Field Services industry, to which KLX Energy Services belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact KLX Energy Services' stock performance [5]