Cactus: Q2 Earnings Insights

 

Cactus WHD reported its Q2 earnings results on Thursday, August 4, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Cactus beat estimated earnings by 25.71%, reporting an EPS of $0.44 versus an estimate of $0.35.

Revenue was up $61.32 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 7.6% drop in the share price the next day.

Here's a look at Cactus's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.29 0.20 0.20 0.18
EPS Actual 0.30 0.25 0.19 0.16
Revenue Estimate 139.78M 123.26M 116.32M 101.60M
Revenue Actual 145.90M 129.92M 115.36M 108.89M

To track all earnings releases for Cactus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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