Eco-Stim Energy Solutions (ESES) Posts Wider-than-Expected Q1 Loss of 59c/Share
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Roth Capital Remains Bullish Following Eco-stim Energy Solutions (ESES) Q1 Results
May 13, 2015 10:12 AM EDTRoth Capital maintains a Buy rating on Eco-Stim Energy (NASDAQ: ESES), and raises the price target to $10.00 (from $9.00), following the results of Q1. ESES reported Q1 revenue of $2.9 million, which was in-line with estimates. However,
the reported EPS loss of $0.59 was below estimate of a $0.31 loss. This was mainly due to higher than anticipated fixed costs and... More
