Precision Drilling (PDS) Reports Q3 Loss, Tops Revenue Estimates

Core Viewpoint - Precision Drilling reported a quarterly loss of $0.37 per share, significantly missing the Zacks Consensus Estimate of $1.2, and down from earnings of $1.69 per share a year ago, indicating an earnings surprise of -130.83% [1] Financial Performance - The company posted revenues of $335.67 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.77%, but down from $349.79 million in the same quarter last year [2] - Over the last four quarters, Precision Drilling has exceeded consensus revenue estimates two times [2] Stock Performance - Precision Drilling shares have declined approximately 10.3% since the beginning of the year, contrasting with the S&P 500's gain of 14.5% [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at $1.14 for the coming quarter and $6.01 for the current fiscal year [4][7] - The Zacks Rank for Precision Drilling is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Oil and Gas - Drilling industry is currently ranked in the bottom 11% of over 250 Zacks industries, suggesting that the industry's outlook could materially impact the stock's performance [8]