Analysts predict that Superior Drilling Products, Inc. (NASDAQ:SDPI) will report earnings of ($0.01) per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Superior Drilling Products’ earnings, with the highest EPS estimate coming in at $0.00 and the lowest estimate coming in at ($0.02). Superior Drilling Products reported earnings of ($0.05) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 80%. The firm is expected to announce its next earnings report before the market opens on Thursday, March 12th.
According to Zacks, analysts expect that Superior Drilling Products will report full-year earnings of ($0.05) per share for the current financial year, with EPS estimates ranging from ($0.06) to ($0.04). For the next financial year, analysts forecast that the company will report earnings of $0.04 per share, with EPS estimates ranging from $0.00 to $0.08. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Superior Drilling Products.
NASDAQ:SDPI traded down $0.01 during mid-day trading on Friday, hitting $0.62. 38,000 shares of the stock traded hands, compared to its average volume of 34,924. Superior Drilling Products has a 52 week low of $0.58 and a 52 week high of $1.65. The firm’s 50 day moving average is $0.74 and its two-hundred day moving average is $0.84.
Superior Drilling Products, Inc, a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States and internationally. It is involved in the design and manufacture of new drill bit and horizontal drill string enhancement tools; and the refurbishment of polycrystalline diamond compact drill bits for the oil, natural gas, and mining service industries.
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