Precision Drilling GAAP EPS of -$0.51 misses by $1.58, revenue of $462.25M beats by $134.03M

Published 2 weeks ago Positive
Precision Drilling GAAP EPS of -$0.51 misses by $1.58, revenue of $462.25M beats by $134.03M
Auto
* Precision Drilling press release [https://seekingalpha.com/pr/20276533-precision-drilling-announces-2025-third-quarter-unaudited-financial-statements] (NYSE:PDS [https://seekingalpha.com/symbol/PDS]): Q3 GAAP EPS of -$0.51 misses by $1.58.
* Revenue of $462.25M (-3.1% Y/Y) beats by $134.03M.
* Adjusted EBITDA(2) was $118 million, including $11 million of share-based compensation expense.
* Cash provided by operations during the quarter was $76 million.
* Capital expenditures were $69 million during the quarter and $182 million for the first nine months of the year.
* As a result, the company revised its 2025 capital budget to $260 million from $240 million.

MORE ON PRECISION DRILLING CORPORATION

* Precision Drilling: At The Starting Gate [https://seekingalpha.com/article/4825268-precision-drilling-at-the-starting-gate]
* Precision Drilling: 20% Free Cash Flow Yield Continues To Support Bull Thesis [https://seekingalpha.com/article/4809493-precision-drilling-20-percent-free-cash-flow-yield-support-bull-thesis]
* Precision Drilling Corporation (PDS) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4806397-precision-drilling-corporation-pds-q2-2025-earnings-call-transcript]
* Precision Drilling Q3 2025 Earnings Preview [https://seekingalpha.com/news/4506288-precision-drilling-q3-2025-earnings-preview]
* Precision Drilling plans $240M capital spend for 2025 amid rising rig upgrade demand [https://seekingalpha.com/news/4474911-precision-drilling-plans-240m-capital-spend-for-2025-amid-rising-rig-upgrade-demand]