ProPetro Holding (PUMP) Tops Q1 EPS by 6c

ProPetro Holding (NYSE: PUMP) reported Q1 EPS of $0.67, $0.06 better than the analyst estimate of $0.61. Revenue for the quarter came in at $546.2 million versus the consensus estimate of $520.17 million.

Outlook

Mr. Redman concluded, “We remain confident in our ability to produce consistent results driven by our high performing workforce and close partnerships with a blue-chip customer base. The Permian Basin is the premier resource play in North America, and we expect it will remain so for decades to come. We believe we are uniquely positioned for outperformance through 2019 and beyond.”

For earnings history and earnings-related data on ProPetro Holding (PUMP) click here.

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