ProPetro Q1 Earnings Beat Estimates, Revenues Decrease Y/Y

ProPetro Holding Corp. (PUMP) reported a first-quarter 2025 adjusted profit per share of 9 cents, which beat the Zacks Consensus Estimate of 6 cents, backed by a 6.8% year-over-year decline in costs and expenses. However, the bottom line underperformed the year-ago profit of 18 cents.Revenues of $359 million beat the consensus mark of$341 million. This improvement can be attributed to better-than-expected service revenues in the Wireline and Hydraulic Fracturing segments. The revenues in the Wireline segme ...