Precision Drilling (PDS) Surpasses Q3 Earnings Estimates

Precision Drilling (PDS) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.03%. A quarter ago, it was expected that this oilfield services company would post a loss of $0.62 per share when it actually produced earnings of $1.05, delivering a surprise of 269.35%. Over the last four qu ...