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Earnings Preview: Precision Drilling

Benzinga·04/22/2025 20:01:52
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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%

eps graph

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.