Recap: ProPetro Holding Q1 Earnings - ProPetro Holding (NYSE:PUMP)

ProPetro Holding PUMP reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

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

ProPetro Holding missed estimated earnings by 45.65%, reporting an EPS of $0.25 versus an estimate of $0.46.

Revenue was up $140.89 million from the same period last year.

Last quarter the company missed on EPS by $0.21 which was followed by a 1.1% drop in the share price the next day.

Here's a look at ProPetro Holding's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.33	0.31	0.25	0.06
EPS Actual	0.12	0.10	0.23	0.11
Revenue Estimate	347.87M	336.75M	310.62M	273.67M
Revenue Actual	348.92M	333.01M	315.08M	282.68M

To track all earnings releases for ProPetro Holding visit their earnings calendar here.

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