Precision Drilling (PDS) Declares $0.07 Quarterly Dividend; 6.3% Yield

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Cowen Cuts Price Target on Precision Drilling (PDS) Following 3Q15

October 23, 2015 7:44 AM EDT

Cowen reiterated an Outperform rating on Precision Drilling (NYSE: PDS), and cut the price target to $5.30 (from $5.80), following the company's 3Q15 earnings results. PDS reported Adjusted EBITDA of $111MM compared to $110MM consensus.

Analyst Marc Bianchi commented, "Canada should have less... More

Precision Drilling (PDS) Misses Q3 EPS by 20c

October 22, 2015 6:38 AM EDT

Precision Drilling (NYSE: PDS) reported Q3 EPS of ($0.30), $0.20 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $364 million versus the consensus estimate of $399.74 million.

For earnings history and earnings-related data on Precision Drilling (PDS) click here.

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