When did Ranger Energy Services report Q2 2024 earnings?

Ranger Energy Services (RNGR) reported Q2 2024 earnings on July 29, 2024 after market close.

What were Ranger Energy Services's Q2 2024 revenue and EPS?

Ranger Energy Services reported revenue of $138.1M and eps of $0.21 for Q2 2024.

Did Ranger Energy Services beat estimates in Q2 2024?

Revenue missed the consensus estimate of $153.0M by $14.9M. EPS beat the consensus estimate of $0.13 by $0.08.

Where can I find Ranger Energy Services's Q2 2024 SEC filings?

You can read the 10-Q periodic report (0001699039-24-000095) directly on SEC EDGAR. The filing index links above go to sec.gov.

Ranger Energy Services RNGR Q2 2024 earnings

Reported July 29, 2024 · After market close

Revenue$138.1MMiss by $14.9M

EPS$0.21Beat by $0.08

Revenue estimate$153.0M

EPS estimate$0.13

Next report

Date not yet announced

Financials

Q2 2024

Income statement

See full

Revenue$138.1M-15.4%

Gross profit$24.9M-7.4%

Operating income$7.3M-36.0%

Net income$4.7M-23.0%

EPS (diluted)$0.21-12.5%

Balance sheet

See full

Cash & equivalents$8.7M+35.9%

Total debt$22.4M+14.9%

Total equity$260.5M-4.9%

Total assets$359.6M-1.4%

Cash flow

See full

Operating cash flow$22.1M-6.0%

CapEx$15.3M+104%

Free cash flow$6.8M-57.5%

Valuation & ratios

Valuation

as of 06/30/24

See full

Market cap$239.21M-4.7%

Enterprise value$252.91M-4.2%

P/E15.5×+8.0×

P/S0.4×0.0×

Profitability

See full

Gross margin15.6%-2.6pp

Operating margin3.9%-3.4pp

Net margin2.6%-2.5pp

FCF margin7%-1.7pp

Returns & leverage

See full

Return on equity5.8%-7.2pp

Debt / equity0.1×0.0×

Current ratio1.9×-0.3×

Segments

By product

See full

High Specification Rigs$82.7M+6.6%

Processing Solutions and Ancillary Services$30.9M-0.6%

Wireline Services$24.5M-55.0%

By segment

See full

High Specification Rigs$82.7M+6.6%

Processing Solutions and Ancillary Services$30.9M-0.6%

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 Q2 2024 earnings?: Ranger Energy Services (RNGR) reported Q2 2024 earnings on July 29, 2024 after market close.
What were Ranger Energy Services's Q2 2024 revenue and EPS?: Ranger Energy Services reported revenue of $138.1M and eps of $0.21 for Q2 2024.
Did Ranger Energy Services beat estimates in Q2 2024?: Revenue missed the consensus estimate of $153.0M by $14.9M. EPS beat the consensus estimate of $0.13 by $0.08.
Where can I find Ranger Energy Services's Q2 2024 SEC filings?: You can read the 10-Q periodic report (0001699039-24-000095) directly on SEC EDGAR. The filing index links above go to sec.gov.