Key Energy Services (KEG) Misses Q3 EPS by 12c
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Key Energy Services Reports Third Quarter 2015 Earnings
November 3, 2015 10:15 PM ESTHOUSTON, Nov. 3, 2015 /PRNewswire/ --Â Key Energy Services, Inc. (NYSE: KEG) reported third quarter 2015 consolidated revenues of $176.9 million and a pre-tax GAAP loss of $765.8 million, or $4.06 per share. The results for the third quarter include:
pre-tax charges of $618.5 million, or $3.28 per share, related to the impairment of the Company's U.S. goodwill and certain U.S. assets; pre-tax charges of $63.1 million, or $0.33 per share, related to impairment of assets primarily associated with the Company's exit from markets outside North America; pre-tax costs of $4.0 million, or $0.02... More