Forbes Energy Services (FES) Announces Quarterly Earnings, Misses Estimates By $0.02 EPS
Forbes Energy Services (NYSE:FES) posted its quarterly earnings results on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.02, American Banking and Market News reports. The company had revenue of $113.20 million for the quarter, compared to the consensus estimate of $113.19 million.
Forbes Energy Services (NYSE:FES) opened at 4.99 on Thursday. Forbes Energy Services has a one year low of $2.93 and a one year high of $5.75. The stock has a 50-day moving average of $5.01 and a 200-day moving average of $4.20. The company’s market cap is $108.3 million.
Forbes Energy Services Ltd. (NYSE:FES) is an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas.
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