ProPetro Holding Corp expected to post earnings of 41  cents a share - Earnings Preview

ProPetro Holding

31/07/2023 19:36

* ProPetro Holding Corp  PUMP.N   PUMP.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 2. 
    * The Midland Texas-based  company is expected to report  a
39.8% increase in revenue to $440.361 million from $315.08
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ProPetro Holding
Corp is
for earnings of 41 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and 1 "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 ProPetro
Holding
Corp is $13​, above​ its last closing price of $10.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.41        0.46       0.25      Missed  -45.2
 Dec. 31 2023  0.32        0.33       0.12      Missed  -64.1
 Sep. 30 2022  0.29        0.26       0.10      Missed  -62.1​
 Jun. 30 2022  0.23        0.25       0.23      Missed  -8.9
 ​​Mar.        0.03        0.06       0.11      Beat    82.7
 31 2022                                                
 Dec. 31 2021  -0.03       -0.01      -0.20     Missed  -3,136
                                                        .2​
 Sep. 30 2021  -0.05       -0.02      -0.05     Missed  -152.1
 Jun. 30 2021  -0.06       -0.06      -0.08     Missed  -44.1
 This summary was machine generated July 31 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated