Calfrac Well Services Ltd (TSE:CFW) – Research analysts at Piper Jaffray Companies decreased their Q2 2019 EPS estimates for shares of Calfrac Well Services in a research note issued on Monday, June 24th, Zacks Investment Research reports. Piper Jaffray Companies analyst J. Daniel now anticipates that the company will earn ($0.19) per share for the quarter, down from their previous estimate of ($0.16). Piper Jaffray Companies also issued estimates for Calfrac Well Services’ Q3 2019 earnings at ($0.07) EPS, FY2019 earnings at ($0.64) EPS, Q1 2020 earnings at ($0.12) EPS, Q2 2020 earnings at ($0.14) EPS, Q3 2020 earnings at ($0.03) EPS, Q4 2020 earnings at ($0.05) EPS and FY2020 earnings at ($0.34) EPS.
Calfrac Well Services (TSE:CFW) last announced its earnings results on Wednesday, May 1st. The company reported C($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.19). The firm had revenue of C$475.01 million during the quarter, compared to analysts’ expectations of C$493.33 million.
Shares of TSE:CFW traded up C$0.06 during trading on Thursday, hitting C$2.03. The stock had a trading volume of 145,620 shares, compared to its average volume of 313,822. Calfrac Well Services has a 12 month low of C$1.69 and a 12 month high of C$5.66. The company has a market cap of $299.29 million and a P/E ratio of -5.02. The company has a fifty day moving average of C$2.03. The company has a debt-to-equity ratio of 205.83, a current ratio of 2.10 and a quick ratio of 1.48.
About Calfrac Well Services
Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, the Russian Federation, Mexico, and Argentina. The company offers hydraulic fracturing, coiled tubing, cementing, other well stimulation, and pressure pumping services to oil and natural gas industries.
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