Akita Drilling Q2 EPS $(0.15) Misses $(0.07) Estimate, Sales $46.370M Beat $42.200M Estimate
Akita Drilling (TSX:AKT) reported quarterly losses of $(0.15) per share which missed the analyst consensus estimate of $(0.07) by 114.29 percent. This is a 350 percent decrease over earnings of $0.06 per share from the
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Why It Matters
Akita Drilling made more money from sales than expected, which is good. But the company lost more money than people thought it would, which is not what investors hoped to see.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.