Mammoth Energy Services Q3 2023 EPS $(0.02) Down From $0.16 YoY, Revenue $65M Misses 75.815M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mammoth Energy Services reported Q3 2023 earnings per share (EPS) of $(0.02), down from $0.16 year over year (YoY). The company's revenue of $65M missed the estimate of $75.815M.
November 09, 2023 | 1:01 pm
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NEGATIVE IMPACT
Mammoth Energy Services' Q3 2023 earnings and revenue missed estimates, which could negatively impact the stock price.
Mammoth Energy Services reported lower than expected earnings and revenue for Q3 2023. This underperformance could lead to a decrease in the company's stock price as it indicates potential financial instability or lower profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100