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Patterson-UTI Energy (PTEN) Earnings Date, Estimates & Call Transcripts

$7.97
+0.17 (+2.18%)
(As of 10/24/2024 ET)

Earnings Summary

Latest
Earnings Date
Oct. 23Confirmed
Actual EPS
(Oct. 23)
-$2.50 Missed By -$2.51
Consensus EPS
(Oct. 23)
$0.01
Skip Charts & View Estimated and Actual Earnings Data

PTEN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

PTEN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Patterson-UTI Energy Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$0.12$0.33$0.19 
Q2 20243$0.05$0.39$0.17 
Q3 20243$0.00$0.43$0.15 
Q4 20243($0.04)$0.41$0.12 
FY 202412$0.13$1.56$0.63 
Q1 20253($0.01)$0.41$0.14 
Q2 20252$0.04$0.05$0.05 
Q3 20252$0.08$0.09$0.09 
Q4 20252$0.01$0.10$0.06 
FY 20259$0.12$0.65$0.32 
Q1 20262($0.01)$0.12$0.06 
Q2 20262$0.07$0.14$0.11 
Q3 20262$0.12$0.16$0.14 

PTEN Earnings Date and Information

Patterson-UTI Energy last issued its quarterly earnings results on October 23rd, 2024. The oil and gas company reported ($2.50) EPS for the quarter, missing the consensus estimate of $0.01 by $2.51. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.29 billion. Its quarterly revenue was up 34.2% on a year-over-year basis. Patterson-UTI Energy has generated $0.31 earnings per share over the last year ($0.31 diluted earnings per share) and currently has a price-to-earnings ratio of 25.7. Earnings for Patterson-UTI Energy are expected to decrease by -16.67% in the coming year, from $0.18 to $0.15 per share.

Patterson-UTI Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/23/2024Q3 2024$0.0140($2.50)($2.5140)-$1.29 billion$1.36 billion  
7/24/2024Q2 2024$0.09$0.05($0.04)$0.07$1.41 billion$1.35 billion  
5/1/2024Q1 2024$0.13$0.15+$0.02$0.17$1.51 billion$1.51 billion      
2/14/2024Q4 2023$0.18$0.19+$0.01$0.23$1.50 billion$1.58 billion  
11/7/2023Q3 2023$0.24$0.20($0.04)$0.40$978.20 million$1.01 billion      
7/26/2023Q2 2023$0.44$0.40($0.04)$0.48$781.73 million$758.89 million      
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4/26/2023Q1 2023$0.36$0.46+$0.10$0.46$757.41 million$791.80 million      
2/8/2023Q4 2022$0.43$0.46+$0.03$0.46$758.68 million$788.50 million      
10/26/2022Q3 2022$0.19$0.28+$0.09$0.28$683.88 million$727.50 million  
7/27/2022Q2 2022($0.01)$0.05+$0.06-$576.38 million$622.24 million  
4/27/2022Q1 2022($0.21)($0.13)+$0.08($0.13)$512.08 million$509.80 million      
2/10/2022Q4 2021($0.35)($0.38)($0.03)$0.92$436.38 million$466.50 million      
10/28/2021Q3 2021($0.44)($0.44)-($0.44)$352.03 million$357.89 million    
7/29/2021Q2 2021($0.52)($0.54)($0.02)($0.53)$294.73 million$291.77 million    
4/29/2021Q1 2021($0.56)($0.57)($0.01)($0.57)$240.99 million$241.00 million  
2/4/2021Q4 2020($0.62)($0.57)+$0.05($0.57)$217.04 million$220.80 million  
10/22/2020Q3 2020($0.62)($0.60)+$0.02($0.60)$198.78 million$207.14 million  
7/23/2020Q2 2020($0.58)($0.56)+$0.02($0.31)$239.35 million$250.30 million  
4/23/2020Q1 2020($0.46)($0.45)+$0.01$1.38$437.95 million$445.90 million  
2/6/2020Q4 2019($0.41)($0.44)($0.03)($0.44)$486.49 million$492.00 million  
10/24/2019Q3 2019($0.30)($0.27)+$0.03$0.77$604.66 million$598.50 million  

Patterson-UTI Energy Earnings - Frequently Asked Questions

When did Patterson-UTI Energy announce their last quarterly earnings?

Patterson-UTI Energy (NASDAQ:PTEN) last announced its quarterly earning data on Wednesday, October 23, 2024. Learn more on PTEN's earnings history.

Did Patterson-UTI Energy beat their earnings estimates last quarter?

In the previous quarter, Patterson-UTI Energy (NASDAQ:PTEN) missed the analysts' consensus estimate of $0.01 by $2.51 with a reported earnings per share (EPS) of ($2.50). Learn more on analysts' earnings estimate vs. PTEN's actual earnings.

How can I listen to Patterson-UTI Energy's earnings conference call?

The conference call for Patterson-UTI Energy's latest earnings report can be listened to online. Listen to Conference Call

How much revenue does Patterson-UTI Energy generate each year?

Patterson-UTI Energy (NASDAQ:PTEN) has a recorded annual revenue of $4.15 billion.

How much profit does Patterson-UTI Energy generate each year?

Patterson-UTI Energy (NASDAQ:PTEN) has a recorded net income of $246.29 million. PTEN has generated $0.31 earnings per share over the last four quarters.

What is Patterson-UTI Energy's price-to-earnings ratio?

Patterson-UTI Energy (NASDAQ:PTEN) has a trailing price-to-earnings ratio of 25.71 and a forward price-to-earnings ratio of 44.28.

What is Patterson-UTI Energy's EPS forecast for next year?

Patterson-UTI Energy's earnings are expected to decrease from $0.18 per share to $0.15 per share in the next year, which is a -16.67% change.


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This page (NASDAQ:PTEN) was last updated on 10/24/2024 by MarketBeat.com Staff
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