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WHD
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174 days

Cactus Announces Fourth Quarter and Full Year 2024 Results

1. WHD reported Q4 revenue of $272.1 million with strong profit margins. 2. Net income was $57.4 million, resulting in a diluted EPS of $0.68.

-8.94%Current Return
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-1.6%S&P 500
$57.1902/26 05:33 PM EDTEvent Start

$52.0802/28 12:15 AM EDTLatest Updated
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FAQ

Why Bullish?

WHD's solid earnings and revenue growth signal strong market performance. Historically, companies reporting similar earnings increases tend to see stock price appreciation.

How important is it?

The reported fiscal performance directly affects WHD's valuation. Strong earnings often lead to enhanced investor confidence and stock performance.

Why Short Term?

Positive earnings reports often result in immediate investor reactions. Recent similar performances in the sector led to quick stock price gains.

Related Companies

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year of 2024. Fourth Quarter Highlights Revenue of $272.1 million and operating income of $70.5 million; Net income of $57.4 million and diluted earnings per Class A share of $0.68; Adjusted net income(1) of $56.8 million and diluted earnings per share, as adjusted(1) of $0.71; Net income margin of 21.1% and adjusted net income margin(1).

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