Patterson-UTI Energy Q2 Adj. EPS $0.00 Beats $(0.04) Estimate, Sales $1.227B Beat $1.145B Estimate
Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly earnings of $0.00 per share which beat the analyst consensus estimate of $(0.04) by 100 percent. This is a 100 percent increase over losses of $(0.13) per share from
Patterson-UTI Energy made more money than people expected this quarter, and their sales were also bigger than predicted. When a company does better than expected, it shows the business is running well, which is worth paying attention to.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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