Precision Drilling (PDS) Misses Q4 Earnings and Revenue Estimates

Precision Drilling (PDS) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of$ 1.40 per share. This compares to earnings of $3.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -45.71%. A quarter ago, it was expected that this oilfield services company would post earnings of$ 1.55 per share when it actually produced earnings of $1.69, delivering a surprise of 9.03%.Over the last four qu ...