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

KLX Energy Services (KLXE) came out with a quarterly loss of $1.24 per share versus the Zacks Consensus Estimate of a loss of $0.71. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -74.65%. A quarter ago, it was expected that this service provider to oil and natural gas producers would post a loss of $0.20 per share when it actually produced a loss of $0.54, delivering a surprise of -170%.Ove ...