Precision Drilling (PDS) Q4 Earnings Beat Estimates

分组1 - Precision Drilling reported quarterly earnings of $1.37 per share, exceeding the Zacks Consensus Estimate of $1.11 per share, and showing a significant increase from $0.76 per share a year ago, resulting in an earnings surprise of +23.42% [1] - The company posted revenues of $343.25 million for the quarter ended December 2025, which was slightly below the Zacks Consensus Estimate by 1.02%, but an increase from $334.62 million year-over-year [2] - Precision Drilling shares have increased approximately 21.3% since the beginning of the year, outperforming the S&P 500's gain of 1.4% [3] 分组2 - The earnings outlook for Precision Drilling is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Precision Drilling was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $1.83 on revenues of $370.44 million, and for the current fiscal year, it is $6.12 on revenues of $1.36 billion [7] 分组3 - The Oil and Gas - Drilling industry, to which Precision Drilling belongs, is currently ranked in the top 30% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Valaris Limited, another company in the same industry, is expected to report a significant decline in earnings for the quarter ended December 2025, with a forecast of $0.40 per share, reflecting a year-over-year change of -78.7% [9]