Precision Drilling Q2 EPS $1.21 Beats $1.00 Estimate, Sales $317.12M Beat $310.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Precision Drilling reported Q2 earnings of $1.21 per share, beating the analyst consensus estimate of $1.00 by 21.3%. This is a 185.42% increase over losses from the same period last year. The company also reported quarterly sales of $317.12 million, beating the analyst consensus estimate of $310.59 million by 2.10%. This is a 24.13% increase over sales from the same period last year.
July 27, 2023 | 10:05 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Precision Drilling's Q2 earnings and sales beat estimates, indicating a strong financial performance.
Precision Drilling reported a significant increase in earnings and sales, beating analyst estimates. This indicates a strong financial performance and could potentially lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100