Wunderlich Upgrades Pioneer Energy Services Corp (PES) to Buy

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Go back to Wunderlich Upgrades Pioneer Energy Services Corp (PES) to Buy

Pioneer Energy Services Corp. (PES) Reports In-Line Q1 EPS

April 29, 2014 6:28 AM EDT

Pioneer Energy Services Corp. (NYSE: PES) reported Q1 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $239 million versus the consensus estimate of $235.18 million.

First quarter Adjusted EBITDA(1) was $63.3 million, up 13% from $55.8 million in the prior quarter... More