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Recap: Universal Stainless Q1 Earnings

 

Universal Stainless (NASDAQ:USAP) reported its Q1 earnings results on Wednesday, April 20, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Universal Stainless missed estimated earnings by 38.46%, reporting an EPS of $-0.18 versus an estimate of $-0.13.

Revenue was up $10.52 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 3.7% drop in the share price the next day.

Here's a look at Universal Stainless's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.13 -0.17 -0.25 -0.64
EPS Actual -0.18 -0.23 -0.11 -0.29
Revenue Estimate 42.10M 42.23M 40.20M 33.89M
Revenue Actual 43.23M 37.17M 38.50M 37.04M

To track all earnings releases for Universal Stainless visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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