ProPetro Holding (NYSE:PUMP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
ProPetro Holding missed estimated earnings by 45.65%, reporting an EPS of $0.25 versus an estimate of $0.46.
Revenue was up $140.89 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.21 which was followed by a 1.1% drop in the share price the next day.
Here’s a look at ProPetro Holding’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.33 | 0.31 | 0.25 | 0.06 |
| EPS Actual | 0.12 | 0.10 | 0.23 | 0.11 |
| Revenue Estimate | 347.87M | 336.75M | 310.62M | 273.67M |
| Revenue Actual | 348.92M | 333.01M | 315.08M | 282.68M |
To track all earnings releases for ProPetro Holding visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
