Cowen Cuts Price Target to $22 on Patterson-UTI Energy (PTEN) Following 2Q15

Go back to Cowen Cuts Price Target to $22 on Patterson-UTI Energy (PTEN) Following 2Q15

Patterson-UTI Energy (PTEN) Tops Q2 EPS by 14c

July 23, 2015 6:06 AM EDT

Patterson-UTI Energy (NASDAQ: PTEN) reported Q2 EPS of ($0.13), $0.14 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $473 million versus the consensus estimate of $448.31 million.

For earnings history and earnings-related data on Patterson-UTI Energy (PTEN) click here.

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Trading Radar for 7/23: GM (GM), Visa (V), 3M (MMM), Caterpillar (CAT), Comcast (CMCSA), McDonald's (MCD) Report

July 22, 2015 3:01 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 276kContinuing Claims - Street sees 2.213M

Earnings:

3M Co. (NYSE: MMM) - consensus EPS $2.00
A.O. Smith (NYSE: AOS) - consensus EPS $0.66
ABB Ltd. (NYSE: ABB) - consensus EPS $0.26
AMAG Pharma (Nasdaq: AMAG) - consensus EPS $1.13
Adeptus Health (Nasdaq:... More