Benzinga | Oct 21, 2021 12:11PM EDT

Precision Drilling Q3 EPS $(2.86) Down From $(2.08) YoY, Sales $254.00M Miss $296.79M Estimate

Precision Drilling (NYSE:PDS) reported quarterly losses of $(2.86) per share. This is a 37.5 percent decrease over losses of $(2.08) per share from the same period last year. The company reported quarterly sales of $254.00 million which missed the analyst consensus estimate of $296.79 million by 14.42 percent. This is a 105.31 percent increase over sales of $123.72 million the same period last year.