Recap: Cactus Q3 Earnings

Cactus WHD reported its Q3 earnings results on Monday, November 7, 2022 at 06:45 AM.

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

Cactus beat estimated earnings by 8.33%, reporting an EPS of $0.52 versus an estimate of $0.48.

Revenue was up $69.12 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 3.89% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.35	0.29	0.20	0.20
EPS Actual	0.44	0.30	0.25	0.19
Revenue Estimate	161.19M	139.78M	123.26M	116.32M
Revenue Actual	170.22M	145.90M	129.92M	115.36M

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.