NexTier Oilfield NEX reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
NexTier Oilfield their estimated earnings by 22.22%, reporting an EPS of $-0.11 versus an estimate of $-0.09, which surprised analysts.
Revenue was up $229,489,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04, which was followed by a 3.64% increase in the share price the next day.
Here's a look at NexTier Oilfield's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.29 | -0.34 | -0.38 |
| EPS Actual | -0.19 | -0.23 | -0.30 | -0.38 |
| Revenue Estimate | 292.58M | 237.62M | 192.65M | 169.52M |
| Revenue Actual | 292.14M | 228.40M | 215.05M | 163.68M |
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