RPC Full Year 2024 Earnings: EPS: US$0.42 (vs US$0.90 in FY 2023)

RPC (NYSE:RES) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.41b (down 13% from FY 2023).
• Net income: US$91.4m (down 52% from FY 2023).
• Profit margin: 6.5% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.42 (down from US$0.90 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

RPC Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 4.4% growth forecast for the Energy Services industry in the US.

Performance of the American Energy Services industry.

The company's shares are down 10% from a week ago.

Risk Analysis

You still need to take note of risks, for example - RPC has 2 warning signs we think you should be aware of.

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