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

$11.53
-0.07 (-0.60%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
After Market Closes
Confirmed
Actual EPS
(Feb. 14)
$0.19 Beat By $0.01
Consensus EPS
(Feb. 14)
$0.18
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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$0.13$0.33$0.20 
Q2 20243$0.11$0.39$0.21 
Q3 20243$0.15$0.43$0.25 
Q4 20243$0.15$0.41$0.24 
FY 202412$0.54$1.56$0.91 
Q1 20253$0.17$0.41$0.26 
Q2 20252$0.19$0.26$0.23 
Q3 20252$0.25$0.30$0.28 
Q4 20252$0.21$0.31$0.26 
FY 20259$0.82$1.28$1.02 
Q1 20261$0.32$0.32$0.32 

PTEN Earnings Date and Information

Patterson-UTI Energy last issued its quarterly earnings data on February 14th, 2024. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.01. The firm earned $1.58 billion during the quarter, compared to analysts' expectations of $1.50 billion. Patterson-UTI Energy has generated $1.01 earnings per share over the last year ($1.01 diluted earnings per share) and currently has a price-to-earnings ratio of 11.4. Earnings for Patterson-UTI Energy are expected to grow by 65.00% in the coming year, from $0.60 to $0.99 per share. Patterson-UTI Energy has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024. Patterson-UTI Energy will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call..

Patterson-UTI Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
-------  
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    
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  

Patterson-UTI Energy Earnings - Frequently Asked Questions

When is Patterson-UTI Energy's earnings date?

Patterson-UTI Energy has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 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) reported $0.19 earnings per share (EPS) to beat the analysts' consensus estimate of $0.18 by $0.01. Learn more on analysts' earnings estimate vs. PTEN's actual earnings.

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 $1.01 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 11.42 and a forward price-to-earnings ratio of 19.22. The price/earnings-to-growth ratio is 1.64.

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

Patterson-UTI Energy's earnings are expected to grow from $0.60 per share to $0.99 per share in the next year, which is a 65.00% increase.


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This page (NASDAQ:PTEN) was last updated on 4/24/2024 by MarketBeat.com Staff

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