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Patterson-UTI Energy Q2 EPS $0.10 Beats $(0.04) Estimate, Sales $622.24M Beat $570.54M Estimate

Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $(0.04) by 350 percent. This is a 118.52 percent increase over losses of $(0.54) per share

Benzinga · 07/27/2022 17:04
Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $(0.04) by 350 percent. This is a 118.52 percent increase over losses of $(0.54) per share from the same period last year. The company reported quarterly sales of $622.24 million which beat the analyst consensus estimate of $570.54 million by 9.06 percent. This is a 113.26 percent increase over sales of $291.77 million the same period last year.