Patterson-UTI Energy Earlier Reported Q4 EPS $(0.44) Misses $(0.41) Estimate, Sales $492.297M Beat $486.63M Estimate

Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly losses of $(0.44) per share which missed the analyst consensus estimate of $(0.41) by 7.32 percent. This is a 1000 percent decrease over losses of $(0.04) per share

Benzinga · 02/06/2020 12:20

Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly losses of $(0.44) per share which missed the analyst consensus estimate of $(0.41) by 7.32 percent. This is a 1000 percent decrease over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $492.297 million which beat the analyst consensus estimate of $486.63 million by 1.16 percent. This is a 38.15 percent decrease over sales of $795.937 million the same period last year.