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Patterson-UTI Energy: Q2 Earnings Insights – Stocks to Watch
  • Fri. Dec 9th, 2022

Patterson-UTI Energy: Q2 Earnings Insights

ByBenzinga Insights

Jul 27, 2022
Patterson-UTI Energy: Q2 Earnings Insights

Patterson-UTI Energy PTEN reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:55 PM.

Here’s what investors need to know about the announcement.

Earnings

Patterson-UTI Energy beat estimated earnings by 225.0%, reporting an EPS of $0.05 versus an estimate of $-0.04.

Revenue was up $330.46 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 7.46% increase in the share price the next day.

Here’s a look at Patterson-UTI Energy’s past performance:








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.21 -0.35 -0.44 -0.52
EPS Actual -0.13 -0.38 -0.44 -0.54
Revenue Estimate 510.67M 435.89M 352.18M 292.89M
Revenue Actual 509.38M 466.49M 357.88M 291.77M








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.21 -0.35 -0.44 -0.52
EPS Actual -0.13 -0.38 -0.44 -0.54
Revenue Estimate 510.67M 435.89M 352.18M 292.89M
Revenue Actual 509.38M 466.49M 357.88M 291.77M

To track all earnings releases for Patterson-UTI Energy visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.