Dril-Quip DRQ reported its Q4 earnings results on Monday, February 26, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Dril-Quip missed estimated earnings by -78.0%, reporting an EPS of $0.04 versus an estimate of $0.18.
Revenue was up $29.53 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.25 which was followed by a 5.0% drop in the share price the next day.
Here's a look at Dril-Quip's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.06 | -0.01 | -0.05 |
| EPS Actual | -0.15 | -0.03 | -0.01 | 0.06 |
| Revenue Estimate | 111.73M | 98.60M | 92.00M | 88.50M |
| Revenue Actual | 117.24M | 89.61M | 90.86M | 96.81M |
To track all earnings releases for Dril-Quip visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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