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KLX Energy Services Holdings Inc (KLXE)
NASDAQ:KLXE
RESEARCH TOOLSreports
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.86Last Year’s EPS
-1.24Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 12, 2025
|% Change Since: -63.44%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights KLX Energy's strategic refinancing, strong safety record, and operational flexibility, despite challenges such as revenue declines and seasonal sensitivity affecting some segments. The company's focus on cost controls and market share expansion underscores optimism for future growth.Company Guidance
During the KLX Energy Services 2024 Fourth Quarter and Year-End Earnings Conference Call, management provided guidance for 2025, projecting flat to slightly increased revenue compared to 2024. However, they emphasized a focus on expanding adjusted EBITDA and adjusted EBITDA margins, anticipating a range between 13% to 15% for 2025. The company reported a successful refinancing of their notes and asset-based lending (ABL) facilities, extending maturities and reducing notes outstanding. They highlighted a strategic focus on cost controls and mix shift in product service line (PSL) contributions, which contributed to a significant margin improvement in 2024 despite declines in revenue and rig count. For 2025, KLX expects increased activity in gas-directed basins, particularly in the Haynesville, driven by rising LNG export demand, and anticipates this will support service pricing and utilization. Additionally, the company plans capital expenditures in the range of $45 million to $55 million, with a focus on maintaining and enhancing their asset base.Successful Refinancing Efforts
KLX Energy successfully refinanced their 2025 notes and ABL, extending maturities to 2030 and 2028, respectively. This was achieved despite a challenging market environment, positioning the company for strategic execution.
Strong Safety Record
In 2024, KLX achieved a TRIR of 0.63 and LTIR of 0.22, well below industry averages, reflecting a robust safety culture.
Full Year Revenue Growth
Reported full year 2024 revenue of $709 million, driven by a leading customer base and expansion of market share with key customers.
Adjusted EBITDA Margin Improvement
The 2024 full year adjusted EBITDA was $90 million, with an adjusted EBITDA margin of approximately 13%, focusing on further expansion in 2025.
Launch of Gen 2 OraclE-SRT
KLX launched the Gen 2 OraclE-SRT, demonstrating operational excellence and capturing market share with this upgraded suite of proprietary tools.
Operational Flexibility
KLX maintained positive momentum with a diversified service line, demonstrating resilience across varied market conditions.
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KLXE 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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KLXE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 12, 2025 | $4.65 | $4.36 | -6.24% |
| Oct 31, 2024 | $4.42 | $4.25 | -3.85% |
| Aug 07, 2024 | $5.76 | $6.08 | +5.56% |
| May 07, 2024 | $6.63 | $6.06 | -8.60% |
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 KLX Energy Services Holdings Inc (KLXE) report earnings?
KLX Energy Services Holdings Inc (KLXE) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is KLX Energy Services Holdings Inc (KLXE) earnings time?
KLX Energy Services Holdings Inc (KLXE) earnings time is at May 07, 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 KLXE EPS forecast?
KLXE EPS forecast for the fiscal quarter 2025 (Q1) is -0.86.
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