Patterson-UTI Energy (NASDAQ:PTEN) reported its Q4 earnings results on Thursday, February 10, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Check out this: Insiders Buy Over $43M Of 4 Stocks
Earnings
Patterson-UTI Energy missed estimated earnings by 8.57%, reporting an EPS of $-0.38 versus an estimate of $-0.35.
Revenue was up $245.69 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 5.83% drop in the share price the next day.
Here's a look at Patterson-UTI Energy's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.44 | -0.52 | -0.56 | -0.62 |
| EPS Actual | -0.44 | -0.54 | -0.57 | -0.57 |
| Revenue Estimate | 352.18M | 292.89M | 239.83M | 218.12M |
| Revenue Actual | 357.88M | 291.77M | 240.93M | 220.80M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
