Analysts are estimating that Patterson-UTI Energy will report an earnings per share (EPS) of $-0.10.
Patterson-UTI Energy bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
The company's EPS missed by $0.09 in the last quarter, leading to a 1.13% drop in the share price on the following day.
Here's a look at Patterson-UTI Energy's past performance and the resulting price change:
Quarter
Q2 2025
Q1 2025
Q4 2024
Q3 2024
EPS Estimate
-0.04
-0.04
-0.09
0.03
EPS Actual
-0.13
0.00
-0.13
0.00
Price Change %
-1.00
0.00
0.00
2.00
Market Performance of Patterson-UTI Energy's Stock
Shares of Patterson-UTI Energy were trading at $5.77 as of October 20. Over the last 52-week period, shares are down 21.22%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
Analyst Opinions on Patterson-UTI Energy
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves ...
