When did Ranger Energy Services report Q1 2024 earnings?

Ranger Energy Services (RNGR) reported Q1 2024 earnings on May 7, 2024 before market open.

What were Ranger Energy Services's Q1 2024 revenue and EPS?

Ranger Energy Services reported revenue of $136.9M and eps of $-0.03 for Q1 2024.

Did Ranger Energy Services beat estimates in Q1 2024?

Revenue beat the consensus estimate of $135.6M by $1.3M. EPS missed the consensus estimate of $0.07 by $0.10.

Where can I find Ranger Energy Services's Q1 2024 SEC filings?

You can read the 10-Q periodic report (0001699039-24-000067) directly on SEC EDGAR. The filing index links above go to sec.gov.

Ranger Energy Services RNGR Q1 2024 earnings

Reported May 7, 2024 · Before market open

Revenue$136.9MBeat by $1.3M

EPS-$0.03Miss by $0.10

Revenue estimate$135.6M

EPS estimate$0.07

Next report

Date not yet announced

Financials

Q1 2024

Income statement

See full

Revenue$136.9M-13.1%

Gross profit$16.1M-39.5%

Operating income-$500.0K-105%

Net income-$800.0K-113%

EPS (diluted)-$0.03-112%

Balance sheet

See full

Cash & equivalents$11.1M-22.9%

Total debt$21.6M-37.8%

Total equity$261.7M-3.9%

Total assets$355.5M-5.3%

Cash flow

See full

Operating cash flow$12.0M-31.0%

CapEx$6.5M+20.4%

Free cash flow$5.5M-54.2%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$272.42M+7.6%

Enterprise value$282.92M+3.5%

P/E16.2×+6.8×

P/S0.4×0.0×

Profitability

See full

Gross margin15.3%-2.7pp

Operating margin4.4%-0.9pp

Net margin2.7%-1.5pp

FCF margin8.2%-0.6pp

Returns & leverage

See full

Return on equity6.3%-4.2pp

Debt / equity0.1×0.0×

Current ratio2×-0.1×

Segments

By product

See full

High Specification Rigs$79.7M+2.8%

Wireline Services$32.8M-34.3%

Processing Solutions and Ancillary Services$24.4M-18.9%

By segment

See full

High Specification Rigs$79.7M+2.8%

Processing Solutions and Ancillary Services$24.4M-18.9%

Versus estimates

Revenue

Q2 2026$176.5MBeat by $12.6M Q1 2026$159.1MBeat by $2.9M Q4 2025$142.2MBeat by $1.5M Q3 2025$128.9MMiss by $12.1M Q2 2025$140.6MMiss by $1.4M Q1 2025$135.2MMiss by $2.3M

Diluted EPS

Q2 2026$0.29Miss by $0.01 Q1 2026$0.12Miss by $0.24 Q4 2025$0.14Miss by $0.06 Q3 2025$0.05Miss by $0.33 Q2 2025$0.32Beat by $0.08 Q1 2025$0.05Miss by $0.10

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Questions, answered.

When did Ranger Energy Services report Q1 2024 earnings?: Ranger Energy Services (RNGR) reported Q1 2024 earnings on May 7, 2024 before market open.
What were Ranger Energy Services's Q1 2024 revenue and EPS?: Ranger Energy Services reported revenue of $136.9M and eps of $-0.03 for Q1 2024.
Did Ranger Energy Services beat estimates in Q1 2024?: Revenue beat the consensus estimate of $135.6M by $1.3M. EPS missed the consensus estimate of $0.07 by $0.10.
Where can I find Ranger Energy Services's Q1 2024 SEC filings?: You can read the 10-Q periodic report (0001699039-24-000067) directly on SEC EDGAR. The filing index links above go to sec.gov.