RPC, Inc. Reports Fourth Quarter 2020 Financial Results
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RPC Inc (RES) Tops Q4 EPS by 5c, Revenues Beat
January 27, 2021 6:53 AM ESTRPC Inc (NYSE: RES) reported Q4 EPS of ($0.03), $0.05 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $148.6 million versus the consensus estimate of $120.79 million.
For the quarter ended December 31, 2020, revenues were $148.6 million, a decrease of 37.0 percent compared to $236.0 million in the fourth quarter of 2019.Operating loss for the fourth quarter of 2020 was $21.6 million compared to an operating loss of $27.9 million in the same period of the prior year.Adjusted operating loss for the fourth quarter of... More