Cactus' (NYSE:WHD) Strong Earnings Are Of Good Quality

By Yahoo! Finance | Aug 14, 2024 at 08:56 AM EST

Cactus, Inc. (NYSE:WHD) posted strong earnings, but investors were unimpressed. The company's accrual ratio of -0.12 for the year to June 2024 indicates healthy free cash flow exceeding profit. Analysts predict promising future profitability for Cactus.

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