EPS for Superior Energy Services, Inc. (SPN) Expected At $-0.31

January 24, 2018 - By Winifred Garcia

 EPS for Superior Energy Services, Inc. (SPN) Expected At $ 0.31
Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.17, from 1.31 in 2017Q2. It worsened, as 27 investors sold Superior Energy Services, Inc. shares while 77 reduced holdings. 35 funds opened positions while 84 raised stakes. 160.81 million shares or 9.04% less from 176.79 million shares in 2017Q2 were reported.
Parallax Volatility Advisers Ltd Partnership holds 0% in Superior Energy Services, Inc. (NYSE:SPN) or 129,503 shares. Alyeska Gp L P has invested 0.21% of its portfolio in Superior Energy Services, Inc. (NYSE:SPN). State Street holds 0.01% of its portfolio in Superior Energy Services, Inc. (NYSE:SPN) for 6.10M shares. Stifel Fin Corp accumulated 26,762 shares. Moreover, Envestnet Asset has 0% invested in Superior Energy Services, Inc. (NYSE:SPN). Lenox Wealth Advsr stated it has 175 shares or 0% of all its holdings. Point72 Asset Management L P has 1.20M shares for 0.06% of their portfolio. Covalent Ptnrs Ltd Llc reported 1.01M shares stake. Bancorp Of America De invested in 0% or 957,502 shares. Rmb Cap Mgmt Lc reported 670,861 shares stake. Balyasny Asset Management Ltd Liability Corporation reported 0.18% of its portfolio in Superior Energy Services, Inc. (NYSE:SPN). Aqr Mgmt Lc accumulated 1.44 million shares. 592,604 are held by Caxton Associate Limited Partnership. Rhumbline Advisers, Massachusetts-based fund reported 346,199 shares. Wellington Mngmt Group Inc Limited Liability Partnership has invested 0% in Superior Energy Services, Inc. (NYSE:SPN).

Analysts expect Superior Energy Services, Inc. (NYSE:SPN) to report $-0.31 EPS on February, 20.They anticipate $0.43 EPS change or 58.11 % from last quarter’s $-0.74 EPS. After having $-0.33 EPS previously, Superior Energy Services, Inc.’s analysts see -6.06 % EPS growth. The stock increased 1.33% or $0.15 during the last trading session, reaching $11.43. About 3.08 million shares traded. Superior Energy Services, Inc. (NYSE:SPN) has declined 25.14% since January 24, 2017 and is downtrending. It has underperformed by 41.84% the S&P500.

Superior Energy Services, Inc. (NYSE:SPN) Ratings Coverage

Among 30 analysts covering Superior Energy Services (NYSE:SPN), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Superior Energy Services had 123 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by iBERIA Capital Partner with “Outperform” on Tuesday, May 3. The stock of Superior Energy Services, Inc. (NYSE:SPN) has “Buy” rating given on Wednesday, August 30 by Cowen & Co. The firm has “Buy” rating given on Friday, December 11 by Citigroup. As per Tuesday, June 6, the company rating was maintained by Jefferies. On Wednesday, July 27 the stock rating was upgraded by Capital One to “Overweight”. As per Thursday, January 11, the company rating was downgraded by Scotia Capital. The stock has “Hold” rating by BMO Capital Markets on Tuesday, September 5. The stock has “Outperform” rating by Cowen & Co on Thursday, October 15. Cowen & Co maintained Superior Energy Services, Inc. (NYSE:SPN) on Wednesday, October 25 with “Buy” rating. Piper Jaffray maintained the stock with “Buy” rating in Sunday, September 24 report.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to natural gas and crude oil exploration and production companies in the United States, the Gulf of Mexico, and internationally. The company has market cap of $1.75 billion. It operates through four divisions: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. It currently has negative earnings. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and makes and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories.

More news for Superior Energy Services, Inc. (NYSE:SPN) were recently published by: Globenewswire.com, which released: “Superior Energy Services Announces 2017 Fourth Quarter Earnings Release and …” on January 19, 2018. Nasdaq.com‘s article titled: “Superior Energy Services (SPN) Shares Cross Above 200 DMA” and published on January 03, 2018 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: