Precision Drilling Corporation (PD)

Currency in CAD
109.000
+2.300(+2.16%)
Closed·

PD Earnings

Latest Release
Jul 29, 2026
EPS / Forecast
-0.55 / 0.49
Revenue / Forecast
452.8M / 441.34M
EPS Revisions
Last 90 days
Release Date
Period End
EPS
/Forecast
Revenue
/Forecast
EPS Surprise %
Revenue Surprise %
Reaction
09/2026--/2.50--/532.85M----Free Sign Up
06/2026-0.555/0.491452.80M/441.34M-213.04%+2.6%Free Sign Up
03/20261.92/2.44526.05M/511.36M-21.31%+2.87%Free Sign Up
12/2025-3.23/2.28478.51M/490.83M-241.67%-2.51%Free Sign Up
09/2025-0.771/1.48462.25M/465.63M-152.12%-0.73%Free Sign Up
06/20251.21/0.296406.62M/400.50M+308.65%+1.53%Free Sign Up
03/20252.20/2.26496.33M/519.81M-2.65%-4.52%Free Sign Up
12/20241.06/2.33468.17M/512.27M-54.51%-8.61%Free Sign Up
09/20242.31/2.29477.16M/496.72M+0.87%-3.94%Free Sign Up
06/20241.44/1.09429.21M/423.82M+32.11%+1.27%Free Sign Up

All numbers in CAD

Precision Drilling Corporation Earnings Call Summary for Q2/2026

  • Precision Drilling posted Q2 revenue of $452.8M, beating estimates by 2.6%, but missed EPS badly at -$0.5548 vs. $0.4908 expected; shares fell 7.43%.
  • Earnings miss driven by U.S. rig reactivation costs and $3M restructuring charges from Dubai office closure; adjusted EBITDA fell to CAD 97M from CAD 108M.
  • Management guided Q3 U.S. margins to $7,000-$8,000 daily, rising to $10,000 in Q4 as reactivation costs ease; Canadian rigs expected at 70-80 in H2.
  • Company reduced debt by CAD 50M and repurchased CAD 12M in shares during quarter, maintaining capital return focus despite near-term margin pressure.
  • Full-year capex held at CAD 265M; CEO cited 8% YTD revenue growth and stronger contract book as evidence of long-term strategy execution.
Last Updated: 07/30/2026, 01:54 AM
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FAQ

What Is Precision Drilling's Earnings Per Share (TTM)?

The Precision Drilling EPS (TTM) is -2.514.

When Is The Next Precision Drilling Earnings Date?

Precision Drilling will release its next earnings report on Oct 22, 2026.

What Is Precision Drilling’s Revenue Forecasts For Upcoming Quarters?

Precision Drilling’s revenue forecast is 532.85M.

How Did Precision Drilling React to the Company's Latest Earnings Report?

Precision Drilling reported a -213.04% EPS surprise and a +2.6% revenue surprise, comparing the latest report against analyst forecasts. The stock price changed by -3.600%, reflecting the market's response to the earnings results.
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