Patterson-UTI Energy Q3 Sales $1.357B Beat $1.327B Estimate
Portfolio Pulse from Benzinga Newsdesk
Patterson-UTI Energy reported Q3 sales of $1.357 billion, surpassing the analyst estimate of $1.327 billion and marking a 34.22% increase from the previous year.
October 23, 2024 | 9:47 pm
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Patterson-UTI Energy's Q3 sales of $1.357 billion exceeded expectations, showing a significant year-over-year growth of 34.22%.
The company's sales performance exceeded analyst expectations and showed strong year-over-year growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100