MIDLAND, Texas (AP) — MIDLAND, Texas (AP) — ProPetro Holding Corp. (PUMP) on Tuesday reported first-quarter earnings of $9.6 million.
On a per-share basis, the Midland, Texas-based company said it had profit of 9 cents.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The oilfield services company posted revenue of $359.4 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $340.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PUMP at https://www.zacks.com/ap/PUMP
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