Superior Drilling Products, Inc. (SDPI) Scheduled to Post Earnings on Thursday
Superior Drilling Products, Inc. (NASDAQ:SDPI) is scheduled to be releasing its earnings data before the market opens on Thursday, November 9th.
Superior Drilling Products (NASDAQ:SDPI) last issued its quarterly earnings results on Friday, August 11th. The oil and gas company reported $0.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The business had revenue of $4.05 million for the quarter, compared to analysts’ expectations of $3.80 million. On average, analysts expect Superior Drilling Products to post $0.000 EPS for the current fiscal year and $0.140 EPS for the next fiscal year.
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A number of research firms have recently weighed in on SDPI. ValuEngine upgraded shares of Superior Drilling Products from a “strong sell” rating to a “sell” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded shares of Superior Drilling Products from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research note on Wednesday, July 26th. Imperial Capital began coverage on shares of Superior Drilling Products in a research note on Wednesday, August 23rd. They issued an “outperform” rating and a $2.00 price objective on the stock. Finally, Roth Capital set a $2.00 price objective on shares of Superior Drilling Products and gave the stock a “buy” rating in a research note on Monday, August 14th.
Superior Drilling Products Company Profile
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 for the oil, natural gas, and mining services industries; and the refurbishment of polycrystalline diamond compact drill bits.
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