Superior Drilling Products, Inc. Common Stock SDPI is set to give its latest quarterly earnings report on Friday, 2022-05-13. Here's what investors need to know before the announcement.
Analysts estimate that Superior Drilling Products, Inc. Common Stock will report an earnings per share (EPS) of $-0.02.
Superior Drilling Products, Inc. Common Stock bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Superior Drilling Products, Inc. Common Stock's past performance and the resulting price change:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | 0 | -0.03 | -0.05 | |
EPS Actual | 0.02 | 0 | 0 | -0.04 |
Price Change % | -17.86% | 0.0% | -4.81% | -11.25% |
Stock Performance
Shares of Superior Drilling Products, Inc. Common Stock were trading at $1.01 as of May 11. Over the last 52-week period, shares are up 30.39%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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