ProPetro Holding Corp reports results for the quarter ended in June - Earnings Summary

ProPetro Holding

02/08/2023 15:31

* ProPetro Holding Corp  PUMP.N  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in June.
The mean expectation of ten analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue rose 38.1% to $435.25 million from a year ago;
analysts
expected $440.36 million. 
    * ProPetro Holding Corp's reported EPS for the quarter was
34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * ProPetro Holding Corp shares had risen by 28.5% this
quarter and
gained 2.1% so far this year.
    * The company reported quarterly net income of $39.26
million.
    * Wall Street's median 12-month price target for ProPetro
Holding
Corp is $13.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 02:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.41           0.34           Missed
 Mar. 31 2023      0.46           0.25           Missed
 Dec. 31 2022      0.33           0.12           Missed
 Sep. 30 2022      0.26           0.10           Missed