U.S. Well Services, Inc. (NASDAQ:USWS) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.12 per share.
For the full year, analysts predict revenues of $ 251.35 million, while looking forward to loss of $ 0.8 per share.
Previous Quarter Performance
U.S. Well Services, Inc. reported loss for the second quarter of $ 0.38 per share, from the revenue of $ 39.84 million. Street analysts expected U.S. Well Services, Inc. to report loss of $ 0.27 per share on revenue of $ 43.80 million for the second quarter. The bottom line results missed street analysts by $ 0.11 or 40.74 percent, at the same time, top line results fell short of analysts by $ 3.96 million or 9.04 percent.
Stock Performance
Shares of U.S. Well Services, Inc. traded low $ -0.01 or -4.16 percent on Wednesday, reaching $ 0.31 with volume of 558.00 thousand shares. U.S. Well Services, Inc. has traded high as $ 0.34 and has cracked $ 0.30 on the downward trend
The closing price of $ 0.31, representing a 39.13 % increase from the 52 week low of $ 0.23 and a 86.03 % decrease over the 52 week high of $ 2.29.
The company has a market capital of $ 22.85 million and is part of the Industrials sector and Diversified Industrials industry.
U.S. Well Services, Inc. operates as an oilfield service company in the United States.
