ProPetro Reports Preliminary Unaudited Full Year and Fourth Quarter 2019 Results and Provides Other Updates

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Go back to ProPetro Reports Preliminary Unaudited Full Year and Fourth Quarter 2019 Results and Provides Other Updates

ProPetro Holding (PUMP) Misses Q4 EPS by 10c, Revenues Beat

March 31, 2020 4:55 PM EDT

ProPetro Holding (NYSE: PUMP) reported Q4 EPS of $0.22, $0.10 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $434.8 million versus the consensus estimate of $403.95 million.

Fourth Quarter 2019 Highlights

Total revenue was $434.8 million as compared to the $541.8 million in the third quarter of 2019.Net income was $22.7 million, a 34% decrease from $34.4 million in the previous... More