Benzinga | Oct 22, 2020 06:20AM EDT

Precision Drilling Q3 EPS $(0.10) Misses $(0.05) Estimate, Sales $165.00M Miss $308.31M Estimate

Precision Drilling (NYSE:PDS) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $(0.05) by 100 percent. This is a 900 percent decrease over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $165.00 million which missed the analyst consensus estimate of $308.31 million by 46.48 percent. This is a 42.19 percent decrease over sales of $285.42 million the same period last year.