ET 04:28

NESR Heads Into May 18 Earnings With Revenue Seen Rising 21.6%

IMP4.0
SNT+0.3
CONF40%
Earnings

National Energy Services Reunited Corp. (NASDAQ:NESR) is scheduled to report earnings before the market opens on May 18, 2026, with analysts expecting revenue to rise 21.6% from a year earlier. NESR posted revenue of $398.3 million in the prior quarter, up 15.9% year over year, beating revenue estimates. The company also topped EBITDA expectations but missed analysts’ EPS forecasts. Analyst estimates have been largely unchanged over the past 30 days. Oilfield services peers have delivered mixed top-line results: Noble Corp. revenue fell 10.2% year over year but beat estimates by 6.8%, while Select Water Solutions revenue declined 2.3% and also beat estimates by 6.8%. Noble shares rose 8.2% after results, while Select Water gained 1.2%. NESR shares are up 2.1% over the past month, compared with flat performance for the broader oilfield services group. The stock recently traded at $23.49, below the average analyst price target of $29.71.

EditorJack Lee