Precision Drilling (PDS) Tops Q2 Earnings and Revenue Estimates

Precision Drilling (PDS) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3,950.00%. A quarter ago, it was expected that this oilfield services company would post earnings of $1.57 per share when it actually produced earnings of $1.53, delivering a surprise of -2.55%.Over th ...