Independence Contract (NYSE:ICD) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Independence Contract missed estimated earnings by 350.0%, reporting an EPS of $-0.99 versus an estimate of $-0.22.
Revenue was up $19.45 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 40.56% increase in the share price the next day.
Here's a look at Independence Contract's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -1.30 | -1.86 | -2.50 | -2.74 |
| EPS Actual | -1.35 | -1.87 | -2.18 | -2.64 |
| Revenue Estimate | 26.20M | 24.30M | 21.10M | 19.00M |
| Revenue Actual | 28.56M | 24.04M | 19.82M | 15.54M |
To track all earnings releases for Independence Contract visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
