

Energy Services Acquisition Missed Consensus Estimates
Energy Services Acquisition (ESOA) reported a loss of $0.41 per share on revenue of $76.68 million for the fiscal second quarter ended March 2025. The consensus earnings estimate was $0.10 per share. The company missed consensus estimates by 510.00% while revenue grew 7.80% on a year-over-year basis.
Based in Huntington, West Virginia Energy Services is a publicly traded, special purpose acquisition company formed to invest in or acquire companies in the energy services industry. Energy Services has entered into agreements to acquire ST Pipeline, Inc. and C.J. Hughes Construction Company, Inc. The contemplated transactions are subject to shareholder approval, and certain other closing conditions. Upon completion of the contemplated transactions, Energy Services intends to change its name to Energy Services of America Corporation.
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