Precision Drilling Corporation Announces 2018 Second Quarter Unaudited Financial Results
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Precision Drilling (PDS) Misses Q2 EPS by 11c, Revenues Beat
July 26, 2018 6:19 AM EDTPrecision Drilling (NYSE: PDS) reported Q2 EPS of ($0.16), $0.11 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $331 million versus the consensus estimate of $308.31 million.
Precision Drilling announces 2018 second quarter financial results:
Second quarter revenue of $331 million was an increase of 14% over the prior year comparative quarter.Second quarter net loss of $47 million ($0.16 per share) compares to a net loss of $36 million ($0.12 per share) in the second quarter of 2017.Second quarter earnings before income taxes, loss on repurchase and redemption of unsecured senior notes, finance charges, foreign exchange... More