Dril-Quip: Q3 Earnings Insights

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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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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Posted In: EarningsBZI-Recaps
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