Keane Announces Third Quarter 2018 Financial and Operational Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Keane Group (FRAC) Tops Q3 EPS by 6c, Revenues Beat; Offers 4Q Revenue Outlook Below Consensus
October 31, 2018 5:04 PM EDTKeane Group (NYSE: FRAC) reported Q3 EPS of $0.28, $0.06 better than the analyst estimate of $0.22. Revenue for the quarter came in at $558.9 million versus the consensus estimate of $547.65 million.
Reported third quarter 2018 revenue of $558.9 million, compared to second quarter 2018 of $578.5 millionRealized third quarter 2018 net income of $30.8 million, compared to second quarter 2018 net income of $30.7 millionAchieved third quarter 2018 Adjusted EBITDA of $100.9 million compared to second quarter 2018 of $111.3 millionReported annualized Adjusted Gross Profit per fleet of $20.5 million, compared to second quarter 2018 of $20.0 millionAveraged 27.0 hydraulic fracturing fleets deployed in third quarter 2018; equivalent of 24.0 fully-utilized... More