RPC Inc. (NYSE: RES) shares surged 9% in pre-market trading on Thursday following the release of its impressive third-quarter financial results that significantly exceeded analyst expectations. The oilfield services company reported robust revenue growth and earnings that outpaced Wall Street estimates, demonstrating resilience in a challenging market environment.

For the third quarter of 2025, RPC reported revenue of $447.1 million, marking a 6% sequential increase and substantially beating the analyst consensus estimate of $406.2 million. The company's adjusted earnings per share (EPS) came in at $0.09, surpassing the expected $0.07. Net income for the quarter stood at $12.963 million, while adjusted net income reached $18.4 million, again exceeding the analyst estimate of $15.9 million.

Despite the strong quarterly performance, RPC management expressed caution about the upcoming fourth quarter. The company anticipates headwinds due to oil prices falling below $60 per barrel and typical year-end slowdowns in the industry. In response, RPC plans to implement further cost-cutting measures to navigate these challenges. However, investors appear to be focusing on the company's ability to outperform expectations in the current quarter, driving the significant pre-market stock price increase.