Precision Drilling Corporation announces 2019 Second Quarter Unaudited Financial Results
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Precision Drilling (PDS) Reports In-Line Q2 EPS, Revenues Beat
July 25, 2019 6:14 AM EDTPrecision Drilling (NYSE: PDS) reported Q2 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $359 million versus the consensus estimate of $308.31 million.
Precision Drilling announces 2019 second quarter financial results:
Revenue of $359 million was an increase of 9% compared with the second quarter of 2018.Net loss of $14 million or negative $0.05 per diluted share compares to a net loss of $47 million or negative $0.16 per diluted share in the second quarter of 2018.Earnings before income taxes, loss (gain) on repurchase of unsecured senior notes, finance charges, foreign exchange,... More