Universal Stainless (NASDAQ:USAP) reported its Q1 earnings results on Wednesday, April 20, 2022 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Universal Stainless missed estimated earnings by 38.46%, reporting an EPS of $-0.18 versus an estimate of $-0.13.
Revenue was up $10.52 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 3.7% drop in the share price the next day.
Here’s a look at Universal Stainless’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | -0.17 | -0.25 | -0.64 |
| EPS Actual | -0.18 | -0.23 | -0.11 | -0.29 |
| Revenue Estimate | 42.10M | 42.23M | 40.20M | 33.89M |
| Revenue Actual | 43.23M | 37.17M | 38.50M | 37.04M |
To track all earnings releases for Universal Stainless visit their earnings calendar here..
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
