ProPetro Holding (PUMP) Misses Q3 EPS by 3c

ProPetro Holding (NYSE: PUMP) reported Q3 EPS of ($0.05), $0.03 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $250 million versus the consensus estimate of $226.65 million.

Outlook

• Mr. Sledge concluded, “We anticipate pressure pumping fundamentals to continue to improve as we progress into 2022 and ProPetro is well prepared to react to the modest increase in activity that we expect in the months to come. Our focus is to remain capital disciplined and operate as the most efficient frac provider in the Permian Basin."

For earnings history and earnings-related data on ProPetro Holding (PUMP) click here.

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