Precision Drilling (NYSE:PDS) (TSE:PD) is scheduled to be releasing its earnings data before the market opens on Thursday, October 24th. Analysts expect Precision Drilling to post earnings of ($0.04) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Precision Drilling (NYSE:PDS) (TSE:PD) last released its quarterly earnings results on Thursday, July 25th. The oil and gas company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.04. Precision Drilling had a negative net margin of 13.63% and a negative return on equity of 2.67%. The firm had revenue of $359.00 million during the quarter, compared to the consensus estimate of $346.66 million. During the same quarter in the prior year, the firm earned ($0.16) EPS. Precision Drilling’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, analysts expect Precision Drilling to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
PDS stock opened at $1.08 on Wednesday. The company has a fifty day moving average price of $1.22 and a 200 day moving average price of $1.73. Precision Drilling has a 12 month low of $1.00 and a 12 month high of $3.01. The company has a market cap of $311.41 million, a price-to-earnings ratio of -4.15 and a beta of 2.30. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.83 and a quick ratio of 1.70.
About Precision Drilling
Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services and products. The company operates in two segments, Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry.
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