Will ProPetro Holding (PUMP) Report Negative Earnings Next Week? What You Should Know

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for ProPetro Holding despite lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - ProPetro is expected to report a quarterly loss of $0.01 per share, reflecting a year-over-year change of +93.8$315.73 million, down 9.2% from the previous year [3]. - The earnings report is scheduled for release on February 19, 2025, and could influence stock movement based on whether results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 3.13% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Zacks Earnings ESP model suggests that recent estimate revisions may provide insights into business conditions leading up to the earnings release [5][6]. Earnings Surprise Prediction - ProPetro's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +20%, although the stock carries a Zacks Rank of 5, complicating predictions of an earnings beat [10][11]. - Historical performance shows that ProPetro has beaten consensus EPS estimates in two of the last four quarters, with a notable surprise of +300% in the last reported quarter [12][13]. Conclusion - While ProPetro does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].