Cactus, Inc. (WHD) Q4 Earnings and Revenues Lag Estimates

Core Viewpoint - Cactus, Inc. reported quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of$ 0.73 per share, and showing a decline from $0.81 per share a year ago, indicating a -2.74% earnings surprise [1][2] Financial Performance - The company posted revenues of$ 272.12 million for the quarter ended December 2024, which was 1.37% below the Zacks Consensus Estimate and a decrease from $274.87 million year-over-year [2] - Over the last four quarters, Cactus has surpassed consensus EPS estimates three times and has topped consensus revenue estimates three times as well [2] Stock Performance - Cactus shares have declined approximately 1.5% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.78, with expected revenues of $283.66 million, and for the current fiscal year, the estimate is$ 3.22 on revenues of $1.17 billion [7] Industry Outlook - The Oil and Gas - Integrated - United States industry, to which Cactus belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Cactus's stock performance [5][6]