May 2, 2018 / 9:31 PM / 21 days ago

BRIEF-Keane Group Reports Q1 Loss Per Share $0.07

May 2 (Reuters) - Keane Group Inc:

* KEANE ANNOUNCES FIRST QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS

* Q1 REVENUE $513 MILLION VERSUS I/B/E/S VIEW $502 MILLION

* Q1 EARNINGS PER SHARE VIEW $0.22 — THOMSON REUTERS I/B/E/S

* AVERAGED 26.0 DEPLOYED FLEETS DURING Q1 2018

* ANNUALIZED ADJUSTED GROSS PROFIT PER FLEET IS EXPECTED TO EXIT Q2 OF 2018 AT APPROXIMATELY $20 MILLION

* KEANE EXPECTS TO FURTHER RAMP ACTIVITY IN ITS CEMENTING BUSINESS DURING Q2 OF 2018 AND REMAINDER OF YEAR Source text for Eikon: Further company coverage:

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