Nine Energy Service (NINE) Reports Q4 Loss, Tops Revenue Estimates

Nine Energy Service (NINE) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of$ 0.24. This compares to loss of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this oilfield services company would post a loss of$ 0.30 per share when it actually produced a loss of $0.26, delivering a surprise of 13.33%.Over the last four quarters, the ...