Precision Drilling (PDS) Set to Release Earnings on Tuesday

Key Points

• Precision Drilling is expected to report Q3 2026 results after market close on Tuesday, October 27. Analysts forecast earnings of $1.28 per share and revenue of $374.82 million, with the earnings call scheduled for October 28.
• The company’s latest quarter missed earnings expectations, reporting a $0.38-per-share loss versus a projected $0.43 profit, although revenue of $319.15 million exceeded estimates.
• Analyst sentiment remains moderately bullish, with a consensus price target of $122.33 versus the stock’s recent price of $87.09; however, ratings range from Strong Buy to Sell.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD is anticipated to issue its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $1.28 per share and revenue of $374.82 million for the quarter. Interested persons can check the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 1:00 PM ET.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD last issued its earnings results on Tuesday, July 28th. The oil and gas company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.81). The company had revenue of $319.15 million during the quarter, compared to analyst estimates of $310.70 million. Precision Drilling had a positive return on equity of 2.11% and a negative net margin of 1.68%. On average, analysts expect Precision Drilling to post $4.83 EPS for the current fiscal year and $8.63 EPS for the next fiscal year.

Precision Drilling Price Performance

Precision Drilling stock opened at $87.09 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.46 and a quick ratio of 1.29. The company has a market capitalization of $1.10 billion, a PE ratio of -41.67 and a beta of 0.95. Precision Drilling has a one year low of $54.00 and a one year high of $103.80. The business has a 50 day simple moving average of $86.54 and a 200 day simple moving average of $87.19.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PDS. Zacks Research upgraded Precision Drilling from a "strong sell" rating to a "hold" rating in a research report on Monday, September 28th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Precision Drilling in a research note on Friday, September 18th. Finally, Wall Street Zen cut Precision Drilling from a "buy" rating to a "hold" rating in a report on Sunday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $122.33.

About Precision Drilling

Precision Drilling Corporation is an oilfield services company that provides contract drilling and related services to oil and natural gas exploration and production companies. Its primary business is the operation of land-based drilling rigs, supported by services such as directional drilling, managed pressure drilling, digital rig technologies and other solutions designed to improve drilling performance, safety and efficiency.

The company also provides completion and production services, including well servicing, camp and equipment rentals, and other support activities used during the construction, maintenance and production phases of oil and gas wells.

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