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Patterson-UTI (PTEN) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2025, Patterson-UTI (PTEN) reported revenue of 1.28billion,down15.21.28 billion, down 15.2% over the same period last year. EPS came in at 0.00, compared to 0.15intheyearagoquarter.Thereportedrevenuerepresentsasurpriseof+7.670.15 in the year-ago quarter.The reported revenue represents a surprise of +7.67% over the Zacks Consensus Estimate of 1.19 billion. With the consensus EPS estimate being -$0.04, the EPS surprise was +100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...