Investing.com - Profrac Holding reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Profrac Holding announced earnings per share of $1.09 on revenue of $696.73M. Analysts polled by Investing.com anticipated EPS of $0.70 on revenue of $643M.
Profrac Holding shares are down 53.92% from the beginning of the year , still down 7.64% from its 52 week high of $26.56 set on Monday, November 7, 2022.
Profrac Holding follows other major Energy sector earnings this month
Profrac Holding's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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