ProPetro Holding (PUMP) Reports Q2 Loss, Lags Revenue Estimates

ProPetro Holding (PUMP) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of$ 0.08. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -137.50%. A quarter ago, it was expected that this oilfield services company would post earnings of$ 0.08 per share when it actually produced earnings of $0.18, delivering a surprise of 125%. Over the last four quarters, the co ...