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Cactus Inc (WHD)
NYSE:WHD
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.69Last Year’s EPS
0.75Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -16.97%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
Cactus, Inc. reported several positive achievements, including a record revenue year for 2024 and a strong cash position. However, challenges such as revenue declines in Q4, tariff impacts, and sequential revenue drops in key segments were also noted. The sentiment is balanced with both noteworthy achievements and significant challenges.Company Guidance
During the Cactus, Inc. Q4 2024 earnings call, the management team provided detailed guidance on their financial performance and future outlook. For Q4 2024, the company reported total revenues of $272 million, down 7.2% sequentially, with adjusted EBITDA at $93 million, reflecting a margin of 34.1%. The pressure control segment generated $177 million in revenue, which was a 4.5% sequential decline, while the spoolable technology segment revenue decreased by 11.2% to $96 million. For Q1 2025, the company expects pressure control revenue to be flat or slightly up, with adjusted EBITDA margins projected between 33% to 35%, excluding a $3 million stock-based compensation expense. Meanwhile, spoolable technology segment revenue is expected to decline mid to high single digits due to seasonality, with anticipated EBITDA margins of 35% to 37%. Cactus, Inc. has expressed optimism about international growth opportunities, especially in the Middle East, and remains focused on expanding their Vietnam production facility to mitigate the impacts of new tariffs. Estimated 2025 CapEx is forecasted to be between $45 million to $55 million, and the company plans to pay a quarterly dividend of $0.13 per share in March.Record Revenue Year for 2024
Cactus, Inc. achieved a record revenue year in 2024, with both segments outperforming lower average industry activity levels year over year.
Strong Cash Position
The company ended the year with a cash balance of $343 million, a quarterly increase of approximately $39 million.
Dividend Payment
Cactus, Inc. paid a quarterly dividend of $0.13 per share, resulting in a cash outflow of approximately $10 million.
Vietnam Production Facility Progress
The new low-cost production facility is located in Vietnam, with first orders placed and modest shipments expected to begin in the second quarter.
Growth in Spoolable Technology Segment
The spoolable technology segment experienced record revenue growth in 2024, including international orders driving a sequential increase in Q1.
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WHD 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
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WHD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $57.05 | $51.95 | -8.94% |
| Oct 30, 2024 | $57.01 | $59.03 | +3.54% |
| Jul 31, 2024 | $62.71 | $61.58 | -1.80% |
| May 01, 2024 | $49.10 | $50.84 | +3.54% |
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.
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FAQ
When does Cactus Inc (WHD) report earnings?
Cactus Inc (WHD) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Cactus Inc (WHD) earnings time?
Cactus Inc (WHD) earnings time is at Apr 30, 2025, TBA Not 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 WHD EPS forecast?
WHD EPS forecast for the fiscal quarter 2025 (Q1) is 0.69.
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