Precision Drilling (PDS) to Release Quarterly Earnings on Wednesday

Key Points

• Precision Drilling's Q3 2025 earnings report is expected to show earnings of $0.95 per share and revenue of approximately $471.38 million, with the announcement scheduled for October 22, 2025.
• The company previously reported a record EPS of $0.77 for Q2 2025, beating estimates and demonstrating a strong net margin of 5.67%.
• Analysts maintain an overall consensus rating of "Moderate Buy" for Precision Drilling, with a target price averaging around $87.00, reflecting positive growth expectations.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD will likely be issuing its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.95 per share and revenue of $471.3840 million for the quarter. Parties may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 23, 2025 at 1:00 PM ET.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD last posted its quarterly earnings data on Tuesday, July 29th. The oil and gas company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.79. Precision Drilling had a net margin of 5.67% and a return on equity of 6.21%. The company had revenue of $299.14 million during the quarter, compared to analyst estimates of $435.47 million. On average, analysts expect Precision Drilling to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Precision Drilling Price Performance

Shares of PDS opened at $54.40 on Wednesday. The company has a market capitalization of $716.99 million, a price-to-earnings ratio of 11.45 and a beta of 1.11. Precision Drilling has a fifty-two week low of $36.20 and a fifty-two week high of $67.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.01 and a quick ratio of 0.90. The business's 50-day moving average is $56.51 and its 200-day moving average is $49.97.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PDS. Weiss Ratings reiterated a "hold (c)" rating on shares of Precision Drilling in a report on Wednesday, October 8th. Royal Bank Of Canada upped their target price on Precision Drilling from $89.00 to $100.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Zacks Research downgraded Precision Drilling from a "strong-buy" rating to a "hold" rating in a report on Monday, September 15th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $74.00 target price (up previously from $72.00) on shares of Precision Drilling in a report on Thursday, August 14th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $87.00.

Hedge Funds Weigh In On Precision Drilling

A number of hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC bought a new stake in Precision Drilling during the first quarter worth approximately $45,000. Goldman Sachs Group Inc. boosted its position in Precision Drilling by 28.4% during the first quarter. Goldman Sachs Group Inc. now owns 138,896 shares of the oil and gas company's stock worth $6,475,000 after purchasing an additional 30,690 shares during the period. Geode Capital Management LLC boosted its position in Precision Drilling by 20.3% during the second quarter. Geode Capital Management LLC now owns 65,512 shares of the oil and gas company's stock worth $3,095,000 after purchasing an additional 11,056 shares during the period. Creative Planning bought a new stake in Precision Drilling during the second quarter worth approximately $378,000. Finally, Raymond James Financial Inc. bought a new stake in Precision Drilling during the second quarter worth approximately $57,000. Institutional investors and hedge funds own 48.86% of the company's stock.

About Precision Drilling

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.

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