Expro Group Holdings’ 2022 Outlook
<p>Analysts at Tudor, Pickering, Holt & Co. provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/XPRO'>Expro Group Holdings N.V. (NYSE:XPRO) </a>for 2022. Despite the company’s recent struggles, the analysts expect Expro Group Holdings’ top-line growth to remain relatively subdued in the near term as typical seasonal factors take their toll (e.g., N Hemisphere weather, NOCs oftentimes ramping up through Q1, etc.) and COVID-19 related mobility restrictions persist. Moreover, the Free Cash Flow is likely to remain negative over the next several quarters with merger transaction/integration costs continuing to present a cash flow headwind. /p>
<p>However, by the second half of 2022, the analysts expect many of these issues to vanish, also estimating the earnings/FCF-generating power of the company to start to become clearer. The analysts anticipate 2022 EBITDA to stand around 240 million. /p>

NYSE:XPRO