ProFrac Holding Corp ACDC.OQ ACDC.O is expected to show a fall in quarterly revenue when it reports results on March 6 for the period ending December 31 2024
The Willow Park Texas-based company is expected to report a 2.0% decrease in revenue to $479.263 million from $489.1 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for ProFrac Holding Corp is for a loss of 28 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for ProFrac Holding Corp is $7.50, above its last closing price of $6.46.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.16
-0.13
-0.22
Missed
-65.7
Jun. 30 2024
0.11
0.12
-0.02
Missed
-116.2
Mar. 31 2024
0.02
0.02
0.04
Beat
108.7
Dec. 31 2023
0.01
0.02
-0.22
Missed
-1,394.1
Sep. 30 2023
0.08
0.10
-0.07
Missed
-171.2
Jun. 30 2023
0.25
0.22
0.45
Beat
106.1
Mar. 31 2023
0.81
0.80
0.93
Beat
16.1
Dec. 31 2022
1.00
0.88
0.51
Missed
-42.3
This summary was machine generated March 4 at 14:16 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)