Earnings Forecast Research on Precision Drilling Corporation (PDS)

Precision Drilling Corporation has received $-0.14 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $-0.18 while the top line estimate is $-0.1 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -245%.

Precision Drilling Corporation reported better than expected with a surprise EPS of 23.53% or $0.04 during its most recent quarterly earnings. The Actual EPS was $-0.13 compared to the Estimated EPS of $-0.17. Calgary based Precision Drilling Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 09, 2017.

In the last quarter, Precision Drilling Corporation reported Annual Earnings of $-0.13. Based on the filings, last years Annual Earnings was, $-0.09. In the last Quarter, PDS reported a surprise Earnings per Share of 23.53% . The consensus estimate for current quarter is $-0.14 and for the current fiscal year, the estimate is $-0.53. For the Next fiscal year, the estimate is $-0.45 based on the consensus.

Precision Drilling Corporation (NYSE:PDS) : On Tuesday heightened volatility was witnessed in Precision Drilling Corporation (NYSE:PDS) which led to swings in the share price. The stock opened for trading at $5.56 and hit $5.6501 on the upside , eventually ending the session at $5.64, with a gain of 1.99% or 0.11 points. The heightened volatility saw the trading volume jump to 1,832,658 shares. The 52-week high of the share price is $6.25 and the company has a market cap of $1,654 million. The 52-week low of the share price is at $2.45 .

Precision Drilling Corporation is an oilfield services company. The Company provides contract drilling, well servicing and strategic support services to the oil and gas industry in North America and internationally. It provides land drilling, directional drilling, turnkey drilling, camp and catering services, procures and distributes oilfield supplies. It also offers service rigs for well completion and workover services, snubbing services and wastewater treatment services, tubulars, well control equipment, wellsite accommodations. Precision Drilling Corporation is headquartered in Calgary, Canada.

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