U.S. Well Services (NASDAQ:USWS) reported its Q3 earnings results on Friday, November 12, 2021 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
U.S. Well Services their estimated earnings by 10.71%, reporting an EPS of $-0.5 versus an estimate of $-0.56, which surprised analysts.
Revenue was up $12,435,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 7.22% drop in the share price the next day.
Here’s a look at U.S. Well Services’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.245 | -0.630 | -0.665 | -0.42 |
| EPS Actual | 0 | -1.225 | -1.610 | -0.98 |
| Revenue Estimate | 85.45M | 68.60M | 49.40M | 49.75M |
| Revenue Actual | 78.80M | 76.26M | 48.09M | 44.04M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
