Precision Drilling (PDS) Set to Announce Quarterly Earnings on Tuesday

Precision Drilling (NYSE:PDS) (TSE:PD) is projected to post its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Precision Drilling to announce earnings of $1.28 per share and revenue of $374.82 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 1:00 PM ET.

Precision Drilling (NYSE:PDS) (TSE:PD) last released its quarterly earnings results on Tuesday, July 28th. The oil and gas company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.81). Precision Drilling had a negative net margin of 1.68% and a positive return on equity of 2.11%. The business had revenue of $319.15 million for the quarter, compared to analyst estimates of $310.70 million. 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 Trading Up 1.7%

Shares of PDS opened at $87.09 on Tuesday. The stock has a fifty day moving average price of $86.54 and a two-hundred day moving average price of $87.19. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.29 and a current ratio of 1.46. Precision Drilling has a 52-week low of $54.00 and a 52-week high of $103.80. The company has a market cap of $1.10 billion, a price-to-earnings ratio of -41.67 and a beta of 0.95.

Analyst Ratings Changes

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

Precision Drilling Company Profile

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.