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Patterson-UTI Energy Q2 Earnings Miss, Sales Beat Estimates, Fall Y/Y
ZACKS·2025-07-25 21:06

Key Takeaways PTEN posted a Q2 adjusted loss of 0.06pershare,missingestimatesanddownfroma0.06 per share, missing estimates and down from a 0.05 profit last year.Revenues of 1.2Bbeatestimatesbutfell9.61.2B beat estimates but fell 9.6% year over year due to weaker segment contributions.PTEN declared a 0.08 dividend and expects a Q3 rig count of 90 with steady to slightly improved profits.Patterson-UTI Energy, Inc. (PTEN) reported a second-quarter 2025 adjusted net loss of 6 cents per share, which was wider than the Zacks Consensus Estimate of a 4-cent loss. The bottom lin ...