Trican Well Service Ltd. (TCW.TO: Quote) Monday reported a second-quarter loss of C$50.9 million or C$0.35 per share, compared to a profit of C$30.1 million or C$0.21 per share in the prior-year quarter.
Adjusted loss was C$48.6 million or C$0.33 per share, compared to a profit of C$33.3 million or C$0.23 per share last year.
On average, 12 analysts polled by Thomson Reuters expected the company to report a loss of C$0.37 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled C$418 million, down from C$421.7 million last year. Analysts expected revenues of C$418.44 million.
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by RTT Staff Writer
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