Nuverra Reports Second-Quarter And Year-To-Date 2015 Results
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Imperial Capital Cuts Price Target on Nuverra Environmental (NES) Following 2Q15 Results
August 12, 2015 7:49 AM EDTImperial Capital maintained an In-Line rating on Nuverra Environmental Solutions (NYSE: NES), and cut the price target to $2.50 (from $5.00), following its 2Q15 earnings release. Reported revenue of $92.4mn missed and consensus by $8mn. Adjusted EBITDA of $12.3mn missed consensus estimate of $15.1mn.
Analyst... More
Needham & Company Cuts Price Target to $3 on Nuverra Environmental (NES) Following 2Q15
August 11, 2015 9:35 AM EDTNeedham & Company maintained a Buy rating on Nuverra Environmental Solutions (NYSE: NES), and cut the price target to $3.00 (from $5.50), following its 2Q15 earnings results. 2Q rev of $92.4M was down 27%, missing consensus' estimate of ~$100M.
Analyst Sean Hannan commented, "While headwinds within Oil and... More
Nuverra Environmental (NES) Misses Q2 EPS by 14c
August 10, 2015 7:11 AM EDTNuverra Environmental (NYSE: NES) reported Q2 EPS of ($0.67), $0.14 worse than the analyst estimate of ($0.53). Revenue for the quarter came in at $92.4 million versus the consensus estimate of $99.99 million.
EBITDA from continuing operations of $10.1 million, an increase of $194,000, or 2.0%, from the second quarter of... More