ProPetro Holding Corp expected to post earnings of 9 cents a share - Earnings Preview

ProPetro Holding

19/02/2024 14:18

* ProPetro Holding Corp  PUMP.N   PUMP.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Midland Texas-based  company is expected to report a
3.0% increase in revenue to $359.438 million from $348.92
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ProPetro Holding Corp is
for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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 $12.00​, above​ its last closing price of $8.30. ​​​

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  0.27        0.29       0.31      Beat    8.1
 Jun. 30 2023  0.39        0.41       0.34      Missed  -17.9
 Mar. 31 2023  0.41        0.46       0.25      Missed  -45.2​
 Dec. 31 2022  0.32        0.33       0.12      Missed  -64.1
 ​​Sep.        0.29        0.26       0.10      Missed  -62.1
 30 2022                                                
 Jun. 30 2022  0.23        0.25       0.23      Missed  -8.9​
 Mar. 31 2022  0.03        0.06       0.11      Beat    82.7
 Dec. 31 2021  -0.03       -0.01      -0.20     Missed  -3,136
                                                        .2
 This summary was machine generated February 19 at 14:18 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)