Overview

* Cactus Q3 revenue of ~$264 mln beats analyst expectations

* Adjusted EPS of $0.67 surpasses consensus estimates

* Adjusted EBITDA of $86.9 mln exceeds analyst forecasts

Outlook

* Company expects U.S. land rig count to be flat to slightly down in Q4 2025

* Pressure Control revenues expected to remain relatively flat in Q4 2025

* Spoolable Technologies segment to see typical seasonal decline late in 2025

Result Drivers

* PRESSURE CONTROL MARGINS - Improved margins due to cost reduction initiatives and lower legal expenses

* SPOOLABLE TECHNOLOGIES SALES - Strong international sales offset lower domestic activity

* COST CONTROL FOCUS - Company emphasizes cost control and customer relationships amid market volatility

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $263.95 $260.50

Revenue mln mln (5

Analysts

)

Q3 Beat $0.67 $0.58 (7

Adjusted Analysts

EPS )

Q3 $53.71

Adjusted mln

Net

Income

Q3 Net $50.18

Income mln

Q3 Beat $86.94 $77.50

Adjusted mln mln (7

EBITDA Analysts

)

Q3 32.90%

Adjusted

EBITDA

Margin

Q3 $61.23

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil related services and equipment peer group is "buy"

* Wall Street's median 12-month price target for Cactus Inc ( WHD ) is $48.00, about 11.9% above its October 29 closing price of $42.27

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)