Patterson-UTI Energy beats by $0.05, beats on revenue • 6:12 AM
•Patterson-UTI Energy (NASDAQ:PTEN): Q2 EPS of $0.37 beats by $0.05.
•Revenue of $757M (+14.8% Y/Y) beats by $48.44M.
Precision Drilling Trust misses by $0.01, beats on revenue • 6:43 AM
•Precision Drilling Trust (NYSE:PDS): Q2 EPS of -$0.02 misses by $0.01.
•Revenue of $475M (+25.4% Y/Y) beats by $46.39M.
excerpt form reuters report
<The company posted a loss of C$7 million, or 2 Canadian cents per share, in the second quarter ended June 30, after it changed its method of calculating depreciation. The change reduced earnings by about 5 Canadian cents per share.>