Recap: Superior Drilling Prods Q3 Earnings
Portfolio Pulse from Benzinga Insights
Superior Drilling Prods (AMEX:SDPI) reported its Q3 earnings, missing estimated earnings by 100.0% with an EPS of $0.0 versus an estimate of $0.02. Revenue was down $121 thousand from the same period last year. Last quarter, the company also missed on EPS by $0.02, which was followed by a 11.79% drop in the share price the next day.
November 09, 2023 | 11:35 am
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Superior Drilling Prods missed Q3 earnings estimates by 100.0%, reporting an EPS of $0.0. This follows a trend from last quarter when the company also missed estimates, leading to a 11.79% drop in share price.
Superior Drilling Prods has reported a significant miss in its Q3 earnings, with an EPS of $0.0 against an estimate of $0.02. This follows a similar trend from the previous quarter, when the company also missed estimates, leading to a significant drop in share price. Given this pattern, it is likely that the stock price will be negatively impacted in the short term.
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