Precision Drilling (NYSE:PDS) will release its quarterly earnings report on Wednesday, 2025-04-23. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Precision Drilling to report an earnings per share (EPS) of $2.05.
Anticipation surrounds Precision Drilling's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
Last quarter the company missed EPS by $0.64, which was followed by a 0.84% drop in the share price the next day.
Here's a look at Precision Drilling's past performance and the resulting price change:
| Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| EPS Estimate | 1.40 | 1.85 | 0.30 | 1.93 |
| EPS Actual | 0.76 | 1.69 | 1.05 | 1.88 |
| Price Change % | -1.0% | 7.000000000000001% | 7.000000000000001% | 5.0% |
Market Performance of Precision Drilling's Stock
Shares of Precision Drilling were trading at $42.13 as of April 21. Over the last 52-week period, shares are down 36.58%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Precision Drilling visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.