ProFrac Holding Corp expected to post earnings of 2 cents a share - Earnings Preview

ProFrac Holding

11/03/2024 12:59

* ProFrac Holding Corp  ACDC.OQ   ACDC.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 13
for the period ending December 31 2023
    * The Willow Park Texas-based  company is expected to report
a
25.1% decrease in revenue to $594.975 million from $794.1
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
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "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 $12.50​, above​ its last closing price of $7.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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
 ​​Sep.        0.86        0.86       1.12      Beat    29.6
 30 2022                                                
 Jun. 30 2022  0.63        0.63       1.58      Beat    150​
 Mar. 31 2022              0.11                         
 This summary was machine generated March 11 at 12:59 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)