Precision Drilling Corp <PD.TO> expected to post earnings of C$1.92 a share - Earnings Preview
Precision Drilling Corp PD.TO is expected to show a fall in quarterly revenue when it reports results on February 12 for the period ending December 31 2024
The Calgary Alberta-based company is expected to report a 5.0% decrease in revenue to C$481.58 million from C$506.87 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Precision Drilling Corp is for earnings of C$1.92 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Precision Drilling Corp is C$124.00, above its last closing price of C$80.03.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 2.34 | 2.41 | 2.31 | Missed | -4 |
Jun. 30 2024 | 0.12 | 4.10 | 1.44 | Missed | -64.9 |
Mar. 31 2024 | 2.63 | 2.64 | 2.53 | Missed | -4.3 |
Dec. 31 2023 | 2.09 | 2.17 | 8.76 | Beat | 303.7 |
Sep. 30 2023 | 2.13 | 2.03 | 1.45 | Missed | -28.6 |
Jun. 30 2023 | 1.36 | 1.31 | 1.63 | Beat | 24.2 |
Mar. 31 2023 | 4.28 | 4.24 | 5.57 | Beat | 31.4 |
Dec. 31 2022 | 4.46 | 4.32 | 0.27 | Missed | -93.8 |
This summary was machine generated February 10 at 21:15 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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