Precision Drilling Corp. (PD.TO) announced earnings for fourth quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at C$14.80 million, or C$1.06 per share. This compares with C$146.72 million, or C$9.81 per share, last year.
Analysts on average had expected the company to earn C$1.54 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 7.6% to C$468.171 million from C$506.871 million last year.
Precision Drilling Corp. earnings at a glance (GAAP) :
-Earnings: C$14.80 Mln. vs. C$146.72 Mln. last year.-EPS: C$1.06 vs. C$9.81 last year.-Revenue: C$468.171 Mln vs. C$506.871 Mln last year.
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.