Independent Contract Drilling (ICD) Reports Q2 Loss, Tops Revenue Estimates
Independence Contract DrillingIndependence Contract Drilling(US:ICD) ZACKS·2024-08-07 13:01

Independent Contract Drilling (ICD) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.95%. A quarter ago, it was expected that this provider of drilling services for oil and natural gas producers would post a loss of $0.73 per share when it actually produced a loss of $0.50, delivering a sur ...