Nine Energy Service NINE reported its Q3 earnings results on Monday, November 7, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Nine Energy Service beat estimated earnings by 1850.0%, reporting an EPS of $0.39 versus an estimate of $0.02.
Revenue was up $74.56 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 6.59% drop in the share price the next day.
Here's a look at Nine Energy Service's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.38 | -0.55 | -0.42 |
EPS Actual | -0.01 | -0.22 | -0.52 | -0.51 |
Revenue Estimate | 139.10M | 114.90M | 95.80M | 98.60M |
Revenue Actual | 142.35M | 116.94M | 105.09M | 92.87M |
To track all earnings releases for Nine Energy Service visit their earnings calendar here.
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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