Precision Drilling Corp expected to post earnings of C$2.40 a share - Earnings Preview

Precision Drilling(Calgary)

21/04/2025 21:32

Precision Drilling Corp PD.TO  is expected to show a fall in quarterly revenue when it reports  results on April 23 for the period ending March 31 2025

The Calgary Alberta-based  company is expected to report a 5.7% decrease in revenue to C$497.6 million from C$527.79 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$2.40 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 6.0% in the last three months. ​

Wall Street's median 12-month price target for Precision Drilling Corp is C$110.00​, above​ its last closing price of C$60.04. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
1.88
1.92
1.06
Missed
-44.9
Sep. 30 2024
2.34
2.41
2.31
Missed
-4
Jun. 30 2024
0.12
4.10
1.44
Missed
-64.9​
Mar. 31 2024
2.63
2.64
2.53
Missed
-4.3
​​Dec. 31 2023
2.09
2.17
8.76
Beat
303.7
Sep. 30 2023
2.13
2.03
1.45
Missed
-28.6​
Jun. 30 2023
1.36
1.31
1.63
Beat
24.2
Mar. 31 2023
4.28
4.24
5.57
Beat
31.4

This summary was machine generated April 21 at 20:32 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)