Recap: Precision Drilling Q3 Earnings

Precision Drilling PDS reported its Q3 earnings results on Thursday, October 27, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Precision Drilling beat estimated earnings by 59.18%, reporting an EPS of $1.56 versus an estimate of $0.98.

Revenue was up $127.57 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.43 which was followed by a 4.75% increase in the share price the next day.

To track all earnings releases for Precision Drilling visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.