Patterson-UTI Energy's Q3 Earnings Fall Y/Y, Sales Beat Estimates
UTIUniversal Technical Institute(UTI) ZACKS·2024-10-24 19:51

Patterson-UTI Energy, Inc. (PTEN) reported third-quarter 2024 breakeven earnings per share, which missed the Zacks Consensus Estimate of a cent. The bottom line declined from the year-ago quarter's level of 20 cents. This year-over-year deterioration was mainly due to poor contribution from the Drilling Services, Completion Services and Other Services segments.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Total revenues of $1357 million beat the Zacks Consensus Estimate of $1289 ...