National Energy Services Reunited (NESR) Q2 Earnings and Revenues Surpass Estimates

Group 1: Earnings Performance - National Energy Services Reunited (NESR) reported quarterly earnings of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, but down from $0.29 per share a year ago, representing an earnings surprise of +10.53% [1] - The company posted revenues of $327.37 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.41%, compared to year-ago revenues of $324.97 million [2] - Over the last four quarters, NESR has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - NESR shares have declined approximately 18.6% since the beginning of the year, contrasting with the S&P 500's gain of 9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.28 on revenues of $350.11 million, and for the current fiscal year, it is $0.94 on revenues of $1.35 billion [7] Group 3: Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which NESR belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for NESR was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]