Patterson-UTI (PTEN) Reports Q4 Loss, Lags Revenue Estimates
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Patterson-UTI (PTEN) reported a Q4 loss of $0.12 per share, missing the Zacks Consensus Estimate of a $0.10 loss. This is a decline from the $0.19 earnings per share reported a year ago.
February 06, 2025 | 2:00 am
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Patterson-UTI reported a Q4 loss of $0.12 per share, missing the expected loss of $0.10 and showing a decline from last year's earnings of $0.19 per share.
The reported loss per share of $0.12 is worse than the expected loss of $0.10, indicating underperformance. Additionally, the decline from last year's earnings of $0.19 per share suggests a negative trend, likely leading to short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100