ProFrac Holding Corp. (ACDC) reported lower earnings and revenues than expected

From NASDAQ: 2024-08-09 18:40:02

ProFrac Holding Corp. (ACDC) reported earnings of $0.02 per share, below the expected $0.14 per share and lower than $0.13 per share a year ago. Revenues were $579.4 million, missing estimates by 7.24%. Shares have dropped 28% this year. Future performance depends on earnings outlook and industry trends.

ReNew Energy Global PLC (RNW) is expected to report earnings of $0.08 per share, down 11.1% from last year, with revenues of $344.6 million, up 14.9%. Results to be released on August 15. Analysts have not changed the consensus EPS estimate in 30 days. The stocks are in the Alternative Energy – Other industry.

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Read more at NASDAQ: ProFrac Holding Corp. (ACDC) Q2 Earnings and Revenues Lag Estimates