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

$10.43
+0.18 (+1.76%)
(As of 01:36 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 24Estimated
Actual EPS
(May. 1)
$0.15 Beat By $0.02
Consensus EPS
(May. 1)
$0.13
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$0.12$0.43$0.22 
Q4 20243$0.11$0.41$0.21 
FY 202412$0.40$1.56$0.80 
Q1 20253$0.12$0.41$0.23 
Q2 20252$0.15$0.23$0.19 
Q3 20252$0.24$0.28$0.26 
Q4 20252$0.17$0.29$0.23 
FY 20259$0.68$1.21$0.91 
Q1 20262$0.16$0.21$0.19 

PTEN Earnings Date and Information

Patterson-UTI Energy last released its earnings data on May 1st, 2024. The oil and gas company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. Patterson-UTI Energy has generated $0.68 earnings per share over the last year ($0.68 diluted earnings per share) and currently has a price-to-earnings ratio of 15.3. Earnings for Patterson-UTI Energy are expected to grow by 35.71% in the coming year, from $0.56 to $0.76 per share. Patterson-UTI Energy has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, July 24th, 2024 based off prior year's report dates.

Patterson-UTI Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/24/2024
(Estimated)
------- 
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    
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  
7/25/2019Q2($0.21)($0.17)+$0.04($0.10)$670.28 million$675.77 million  

Patterson-UTI Energy Earnings - Frequently Asked Questions

When is Patterson-UTI Energy's earnings date?

Patterson-UTI Energy has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, July 24th, 2024 based off last year's report dates. 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 $0.15 earnings per share (EPS) to beat the analysts' consensus estimate of $0.13 by $0.02. 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 can I read Patterson-UTI Energy's conference call transcript?

The conference call transcript for Patterson-UTI Energy's latest earnings report can be read online. Read Transcript

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 $0.68 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 15.34 and a forward price-to-earnings ratio of 18.63.

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

Patterson-UTI Energy's earnings are expected to grow from $0.56 per share to $0.76 per share in the next year, which is a 35.71% increase.


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This page (NASDAQ:PTEN) was last updated on 7/15/2024 by MarketBeat.com Staff

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