RPC: Q4 Earnings Snapshot

ATLANTA (AP) _ RPC Inc. (RES) on Wednesday reported fourth-quarter earnings of $12.3 million.

The Atlanta-based company said it had net income of 6 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The oil and gas services company posted revenue of $268.3 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $241.4 million.

For the year, the company reported profit of $7.2 million, or 3 cents per share. Revenue was reported as $864.9 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RES at https://www.zacks.com/ap/RES

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