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Recap: Patterson-UTI Energy Q4 Earnings

 

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.

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