ProFrac Holding Corp. (ACDC) Announces Q3 Loss and Falls Short of Revenue Projections
Quarterly Loss Report: ProFrac Holding Corp. reported a quarterly loss of $0.6 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.43, and a significant decline from a loss of $0.13 per share a year ago.
Revenue Performance: The company generated revenues of $403.1 million for the quarter, missing the consensus estimate by 0.58% and down from $575.3 million in the same quarter last year.
Stock Outlook: ProFrac's stock has underperformed, losing about 35.2% since the beginning of the year, and currently holds a Zacks Rank #5 (Strong Sell), indicating expectations of further underperformance in the near future.
Industry Context: The Oil and Gas - Field Services industry is currently ranked in the bottom 40% of Zacks industries, which may negatively impact ProFrac's stock performance, while another sector company, National Energy Services Reunited, is set to report its earnings soon.
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National Energy Services Reunited (NESR) Stock Rises 59.3% Over 12 Weeks
- Strong Price Growth: National Energy Services Reunited (NESR) has seen its stock price increase by 59.3% over the past 12 weeks, reflecting investors' sustained confidence in its potential upside, thereby enhancing its market appeal.
- Short-Term Trend Sustained: The stock has gained 26.4% in the last four weeks, indicating that the price trend remains solid, potentially providing investors with a favorable short-term investment opportunity.
- High Trading Signal: NESR is currently trading at 97.6% of its 52-week high-low range, suggesting that the stock may be on the verge of a breakout, further attracting investor attention.
- Strong Fundamental Support: With a Zacks Rank of #1 (Strong Buy), NESR ranks in the top 5% of over 4,000 stocks, indicating robust fundamentals driven by earnings estimate revisions and EPS surprises, which are expected to propel its stock price upward in the near term.

Guess, NESR, and Alkermes Rated Buy with Strong Value Characteristics
- Guess Earnings Estimate Up: Guess, Inc. (GES) holds a Zacks Rank #1, with its current year earnings estimate rising by 5.6% over the past 60 days, indicating strong growth potential in the apparel sector that may enhance its market competitiveness.
- National Energy Services Growth: National Energy Services Reunited Corp. (NESR) also carries a Zacks Rank #1, with next year's earnings estimate increasing by 4.1% in the last 60 days, reflecting a recovery trend in the oilfield services industry that could drive stock price appreciation.
- Alkermes Earnings Forecast Improvement: Alkermes plc (ALKS) maintains a Zacks Rank #1, with its current year earnings estimate up by 3.1% over the past 60 days, suggesting that ongoing innovations in the biopharmaceutical sector will enhance its investment appeal.
- Strong Value Scores: All three companies exhibit low price-to-earnings ratios, with Guess at 9.93, NESR at 11.85, and Alkermes at 19.23, all below their industry averages, highlighting their investment value and attracting more attention from value investors.






