ProPetro Holding (PUMP) Misses Q2 EPS by 12c ; Provides Outlook

ProPetro Holding (NYSE: PUMP) reported Q2 EPS of ($0.03), $0.12 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $357 million versus the consensus estimate of $363.09 million.

Guidance

The Company is now reducing our full-year 2024 capital expenditure guidance to be between $175 million to $200 million, down from our prior guidance of $200 million to $250 million.

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

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