-$0.01 Earnings Per Share Expected for Superior Drilling Products, Inc. (SDPI) This Quarter

Brokerages predict that Superior Drilling Products, Inc. (NASDAQ:SDPI) will report earnings of ($0.01) per share for the current quarter, Zacks reports. Two analysts have issued estimates for Superior Drilling Products’ earnings, with estimates ranging from ($0.02) to $0.01. Superior Drilling Products reported earnings per share of ($0.03) during the same quarter last year, which indicates a positive year over year growth rate of 66.7%. The business is expected to report its next quarterly earnings results on Thursday, March 14th.

On average, analysts expect that Superior Drilling Products will report full year earnings of $0.05 per share for the current fiscal year, with EPS estimates ranging from $0.04 to $0.06. For the next fiscal year, analysts anticipate that the company will post earnings of $0.11 per share, with EPS estimates ranging from $0.09 to $0.13. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Superior Drilling Products.

Shares of SDPI stock opened at $1.56 on Friday. Superior Drilling Products has a fifty-two week low of $1.02 and a fifty-two week high of $5.05.

About Superior Drilling Products

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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