Precision Drilling Corporation Announces 2019 First Quarter Unaudited Financial Results
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Precision Drilling (PD:CN) (PDS) PT Raised to Cdn$5 at BMO Capital
April 26, 2019 8:27 AM EDTBMO Capital analyst Michael Mazar raised the price target on Precision Drilling (PD:CN) (NYSE: PDS) to Cdn$5.00 (from Cdn$4.25) while maintaining a Outperform rating.
... MorePrecision Drilling (PDS) Tops Q1 EPS by 13c, Revenues Beat
April 25, 2019 6:17 AM EDTPrecision Drilling (NYSE: PDS) reported Q1 EPS of $0.08, $0.13 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $434 million versus the consensus estimate of $308.31 million.
Revenue of $434 million was an increase of 8% compared with the first quarter of 2018.Net earnings of $25 million or $0.08 per diluted share compares to a net loss of $18 million or negative $0.06 per diluted share in the first quarter of 2018. Excluding the $24 million after-tax impact of the Mexico asset disposal and restructuring charges, net earnings for the first quarter of 2019 were $1 million or $0.00 per... More