ProPetro Holding (NYSE:PUMP) reported its Q3 earnings results on Tuesday, November 2, 2021 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
ProPetro Holding their estimated earnings by 150.0%, reporting an EPS of $-0.05 versus an estimate of $-0.02, which surprised analysts.
Revenue was up $116,389,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02, which was followed by a 10.87% drop in the share price the next day.
Here’s a look at ProPetro Holding’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.16 | -0.18 | -0.25 |
| EPS Actual | -0.08 | -0.20 | -0.44 | -0.29 |
| Revenue Estimate | 202.78M | 173.63M | 152.10M | 138.20M |
| Revenue Actual | 216.89M | 161.46M | 154.34M | 133.71M |
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