RPC, Inc. Reports Fourth Quarter 2018 Financial Results
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RPC Inc (RES) Misses Q4 EPS by 4c, Revenues Miss
January 23, 2019 6:49 AM ESTRPC Inc (NYSE: RES) reported Q4 EPS of $0.06, $0.04 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $376.8 million versus the consensus estimate of $388.87 million.
"The average U.S. domestic rig count during the fourth quarter of 2018 was 1,073, a 16.5 percent increase compared to the same period in 2017, and a 2.1 percent increase compared to the third quarter of 2018," stated Richard A. Hubbell, RPC's President and Chief Executive Officer. "The average... More
