RPC Inc's stock experienced a significant pre-market plunge of 7.85% on Tuesday following the release of its fourth-quarter financial results, which fell short of analyst expectations.
The oilfield services firm reported adjusted earnings per share of $0.04 for Q4, missing the consensus estimate of $0.06 by 31.03 percent. Revenue came in at $425.777 million, slightly below the expected $426.464 million. The company cited holiday slowdowns affecting customer activity and increased wireline cable expenses as key factors behind the disappointing results.
Additionally, RPC reported a net loss of $3.061 million for the quarter, and full-year 2025 free cash flow declined by 59 percent to $52.92 million. These financial metrics, combined with the earnings miss, have contributed to negative investor sentiment during the pre-market session.