Recap: Universal Stainless Q1 Earnings

Universal Stainless USAP reported its Q1 earnings results on Wednesday, April 20, 2022 at 06:45 AM.

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

Universal Stainless missed estimated earnings by 38.46%, reporting an EPS of $-0.18 versus an estimate of $-0.13.

Revenue was up $10.52 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 3.7% drop in the share price the next day.

Here's a look at Universal Stainless's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.13	-0.17	-0.25	-0.64
EPS Actual	-0.18	-0.23	-0.11	-0.29
Revenue Estimate	42.10M	42.23M	40.20M	33.89M
Revenue Actual	43.23M	37.17M	38.50M	37.04M

To track all earnings releases for Universal Stainless visit their earnings calendar here..

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