KLX Energy Services (KLXE) Reports Q2 Loss, Lags Revenue Estimates

KLX Energy Services (KLXE) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of$ 0.62. This compares to a loss of $0.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -41.94%. A quarter ago, it was expected that this service provider to oil and natural gas producers would post a loss of$ 0.86 per share when it actually produced a loss of $1.27, delivering a surprise of -47.67%.Over ...