Precision Drilling Q1 EPS $1.53 Misses $1.57 Estimate, Sales $345.75M Miss $348.70M Estimate

Precision Drilling (NYSE:PDS) reported quarterly earnings of $1.53 per share which missed the analyst consensus estimate of $1.57 by 2.55 percent. This is a 18.62 percent decrease over earnings of $1.88 per share from the same period last year. The company reported quarterly sales of $345.75 million which missed the analyst consensus estimate of $348.70 million by 0.84 percent. This is a 11.70 percent decrease over sales of $391.58 million the same period last year.