Stock Analysis
- United States
- /
- Energy Services
- /
- NasdaqGS:ACDC
ProFrac Holding First Quarter 2024 Earnings: EPS: US$0.011 (vs US$0.40 in 1Q 2023)
ProFrac Holding (NASDAQ:ACDC) First Quarter 2024 Results
Key Financial Results
- Revenue: US$581.5m (down 32% from 1Q 2023).
- Net income: US$1.80m (down 92% from 1Q 2023).
- Profit margin: 0.3% (down from 2.6% in 1Q 2023).
- EPS: US$0.011 (down from US$0.40 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ProFrac Holding Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Energy Services industry in the US.
Performance of the American Energy Services industry.
The company's shares are up 20% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for ProFrac Holding you should know about.
Valuation is complex, but we're helping make it simple.
Find out whether ProFrac Holding is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:ACDC
ProFrac Holding
Operates as a technology-focused energy services holding company in the United States.
Very undervalued with reasonable growth potential.