CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Precision Drilling Corp. (PDS) on Wednesday reported first-quarter earnings of $70.9 million.
On a per-share basis, the Calgary, Alberta-based company said it had profit of $4.12.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The oilfield services company posted revenue of $413.1 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PDS at https://www.zacks.com/ap/PDS
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