It has been about a month since the last earnings report for Dril-Quip (DRQ). Shares have added about 26.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Dril-Quip due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Dril-Quip Misses on Q1 Earnings & Revenue Estimates