Recap: Superior Drilling Prods Q1 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Superior Drilling Prods (AMEX:SDPI) reported its Q1 earnings results on Thursday, May 11, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

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Earnings

Superior Drilling Prods beat estimated earnings by 150.0%, reporting an EPS of $0.05 versus an estimate of $0.02.

Revenue was up $2.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 8.93% drop in the share price the next day.

Here's a look at Superior Drilling Prods's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate0.020.030.03-0.02
EPS Actual0.010.0200.01
Revenue Estimate5.23M5.70M4.13M3.20M
Revenue Actual5.25M5.17M4.54M4.13M

To track all earnings releases for Superior Drilling Prods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Posted In: EarningsBZI-Recaps