Dril-Quip DRQ reported its Q3 earnings results on Thursday, October 28, 2021 at 04:45 PM.
Here's what investors need to know about the announcement.
Earnings
Dril-Quip missed their estimated earnings by 150.0%, reporting an EPS of $-0.35 versus an estimate of $-0.14, which surprised analysts.
Revenue was up $8,298,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.43, which was followed by a 4.19% drop in the share price the next day.
Here's a look at Dril-Quip's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.05 | 0.03 | |
| EPS Actual | -0.53 | -0.47 | -0.12 | 0.44 |
| Revenue Estimate | 83.97M | 87.21M | 88.29M | 87.82M |
| Revenue Actual | 80.80M | 81.24M | 87.23M | 91.30M |
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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