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Kodiak Gas: Q2 Earnings Snapshot
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THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Kodiak Gas Services Inc. (KGS) on Thursday reported second-quarter earnings of $52 million.

On a per-share basis, the The Woodlands, Texas-based company said it had net income of 53 cents. Earnings, adjusted for one-time gains and costs, were 55 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The provider of oil and gas infrastructure services posted revenue of $391.1 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $383.3 million.

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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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