Precision Drilling Corp PD.TO is expected to show a rise in quarterly revenue when it reports results on October 29 for the period ending September 30 2024
The Calgary Alberta-based company is expected to report a 12.9% increase in revenue to C$504.225 million from C$446.75 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for Precision Drilling Corp is for earnings of C$2.58 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Precision Drilling Corp is C$127.50, above its last closing price of $58.85.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | 0.14 | 4.10 | 1.44 | Missed | -64.9 |
Mar. 31 0001 | 2.63 | 2.64 | 2.53 | Missed | -4.3 |
Jan. 1 0001 | 2.08 | 2.17 | 8.76 | Beat | 303.7 |
Sep. 30 2023 | 2.26 | 2.03 | 1.45 | Missed | -28.6 |
Jun. 30 2023 | 1.31 | 1.31 | 1.63 | Beat | 24.2 |
Mar. 31 2023 | 4.27 | 4.24 | 5.57 | Beat | 31.4 |
Jan. 1 0001 | 4.54 | 4.32 | 0.27 | Missed | -93.8 |
Jan. 1 0001 | 1.32 | 1.32 | 2.03 | Beat | 53.8 |
This summary was machine generated October 27 at 14:55 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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