ProFrac Holding Corp. (ACDC) Reports Next Week: What to Expect

Core Viewpoint - The market anticipates ProFrac Holding Corp. (ACDC) to report flat earnings of $0.13 per share for the quarter ended June 2024, with revenues expected to decline by 11.9% to $624.64 million compared to the previous year [2][8]. Earnings Estimates - The consensus EPS estimate has been revised down by 27.43% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [3][6]. - ProFrac Holding Corp. has an Earnings ESP of -10.25%, suggesting a lower Most Accurate Estimate compared to the Zacks Consensus Estimate [7]. Earnings History - In the last reported quarter, ProFrac Holding Corp. met the expected earnings of $0.03 per share, but it has not surpassed consensus EPS estimates in any of the last four quarters [8]. Industry Comparison - Bloom Energy (BE), another player in the Zacks Alternative Energy - Other industry, is expected to report earnings of $0.06 per share, reflecting a year-over-year increase of 64.7%, with revenues projected to rise by 4.8% to $315.64 million [10].