ProPetro Holding (PUMP) Reports Q4 Loss, Tops Revenue Estimates

Financial Performance - ProPetro Holding reported a quarterly loss of $0.01 per share, which aligns with the Zacks Consensus Estimate, compared to a loss of$0.16 per share a year ago [1] - The company posted revenues of $320.55 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 2.08$347.78 million year-over-year [2] - ProPetro has surpassed consensus EPS estimates two times in the last four quarters and topped consensus revenue estimates three times in the same period [2][1] Market Performance - ProPetro shares have declined approximately 5.6% since the beginning of the year, while the S&P 500 has gained 4% [3] - The current Zacks Rank for ProPetro is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.07 on revenues of$346.48 million, and for the current fiscal year, it is $0.30 on revenues of$1.42 billion [7] - The trend for estimate revisions for ProPetro is currently unfavorable, which may impact future stock performance [6] Industry Context - The Oil and Gas - Field Services industry, to which ProPetro belongs, is ranked in the bottom 21% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could be a useful metric for investors [5]