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Unit Corp. Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for Unit Corp. (UNT):

-Earnings: -$3.50 million in Q1 vs. $7.87 million in the same period last year.
-EPS: -$0.07 in Q1 vs. $0.15 in the same period last year.
-Excluding items, Unit Corp. reported adjusted earnings of $4.52 million or $0.09 per share for the period.
-Analysts projected $0.20 per share
-Revenue: $189.69 million in Q1 vs. $205.13 million in the same period last year.

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