Benzinga | Feb 4, 2021 06:14AM EST

Patterson-UTI Energy Q4 EPS $(0.57) Beats $(0.62) Estimate, Sales $220.80M Beat $218.12M Estimate

Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly losses of $(0.57) per share which beat the analyst consensus estimate of $(0.62) by 8.06 percent. This is a 29.55 percent decrease over losses of $(0.44) per share from the same period last year. The company reported quarterly sales of $220.80 million which beat the analyst consensus estimate of $218.12 million by 1.23 percent. This is a 55.15 percent decrease over sales of $492.30 million the same period last year.