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Ranger Industries, Inc. (RNGR) Misses Q2 EPS by 28c, Revenues Miss

October 24, 2019 5:01 PM

Ranger Industries, Inc. (NYSE: RNGR) reported Q2 EPS of ($0.06), $0.28 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $84.1 million versus the consensus estimate of $88.86 million.

CEO Comments

“Our 2019 focus on cash flow generation, and debt pay down, significantly materialized this quarter. With our balance sheet already lightly levered, this quarter\'s deleveraging efforts further solidifies our position of strength amidst a challenged oilfield services market.

For earnings history and earnings-related data on Ranger Industries, Inc. (RNGR) click here.

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