ProFrac Holding Corp expected to post earnings of 2 cents a share - Earnings Preview
07/05/2024 16:46
* ProFrac Holding Corp ACDC.OQ ACDC.O is expected
to show a
fall in quarterly revenue when it reports results on May 9 for
the period ending March 31 2024
* The Willow Park Texas-based company is expected to report
a
31.6% decrease in revenue to $582.958 million from $851.7
million a year ago, according to the mean estimate from 5
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 $11.00, above its last closing price of $7.37.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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
Jan. 1 0001 0.25 0.22 0.45 Beat 106.1
Jan. 1 0001 0.81 0.80 0.93 Beat 16.1
Jan. 1.00 0.88 0.51 Missed -42.3
1 0001
Sep. 30 2022 0.86 0.86 1.12 Beat 29.6
Jun. 30 2022 0.63 0.63 1.58 Beat 150
Mar. 31 2022 0.11
This summary was machine generated May 7 at 15:46 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)