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Benzinga Insights

Independence Contract: Q1 Earnings Insights

 

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.

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