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Precision Drilling (PDS) Misses Q1 Earnings and Revenue Estimates

Precision Drilling (PDS) came out with quarterly earnings of 1.53pershare,missingtheZacksConsensusEstimateof1.53 per share, missing the Zacks Consensus Estimate of 1.57 per share. This compares to earnings of 1.88pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof2.551.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.55%. A quarter ago, it was expected that this oilfield services company would post earnings of 1.40 per share when it actually produced earnings of $0.76, delivering a surprise of -45.71%.Over the last four q ...