RPC Inc (RES)
NYSE:RES
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Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.08Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call contained a mix of encouraging operational momentum (7% sequential revenue growth, strong performance in downhole tools and a 20% sequential increase in pressure pumping job-mix revenue) and prudent balance-sheet positioning (cash balance, unchanged dividend, controlled SG&A). However, profitability and cash generation were somewhat pressured: adjusted EBITDA and margins declined, adjusted EPS remained low, free cash flow was slightly negative, and several service lines experienced sequential weakness. Management characterized the outlook as cautiously optimistic given supportive commodity prices but emphasized operator caution and limited broad-based pricing improvement.Company Guidance
Sequential Revenue Growth
Total revenues increased 7% sequentially to $455 million in Q1 2026, driven by broad-based sequential revenue increases across the majority of service lines.
Downhole Tools Momentum (Thru Tubing Solutions)
Thru Tubing Solutions (downhole tools) revenues rose 11% sequentially with most geographic regions growing double digits; new product Metal Max adoption is accelerating (Metal Max represents 15% of power section utilization) and on-plug and surface vibratory technologies are gaining traction.
Pressure Pumping Job-Mix Strength
Cudd Energy Services' pressure pumping revenues increased 20% sequentially due to favorable job mix and higher provision of materials, supplies and fuel during the quarter.
Selective Service-Line Strengths
Nitrogen revenues were up 13% and snubbing revenues were up 8% sequentially, while the new 2 7/8-inch coiled tubing unit continued to be well utilized.
Improved Operating Efficiency Metrics
SG&A as a percent of revenues decreased by 60 basis points to 10.6% sequentially, reflecting relatively modest SG&A growth versus revenue expansion.
Solid Liquidity Position and Capital Allocation Optionality
Quarter-end cash was approximately $201 million, $50 million seller-financed note payable, no borrowings on a $100 million revolving credit facility, and the regular cash dividend was maintained at $0.04 per share.
Prudent CapEx Guidance and Opportunistic Purchases
2026 capital expenditures guidance was set at $160–$180 million (low end raised versus prior quarter) reflecting opportunistic asset purchases and approximately $15 million of spend delayed from late 2025.
RES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $7.34 | $7.09 | -3.38% |
Feb 03, 2026 | $6.54 | $5.40 | -17.38% |
Oct 30, 2025 | $4.90 | $5.48 | +11.82% |
Jul 24, 2025 | $4.86 | $4.67 | -3.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does RPC Inc (RES) report earnings?
RPC Inc (RES) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is RPC Inc (RES) earnings time?
RPC Inc (RES) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RES EPS forecast?
RES EPS forecast for the fiscal quarter 2026 (Q2) is 0.04.