Earnings Summary

Precision Drilling Corp’s revenue fell -9.26% since last year same period to $506.87Mn in the Q4 2023. On a quarterly growth basis, Precision Drilling Corp has generated 13.46% jump in its revenue since last 3-months.

Precision Drilling Corp’s net profit jumped 53.11% since last year same period to $146.72Mn in the Q4 2023. On a quarterly growth basis, Precision Drilling Corp has generated 641.32% jump in its net profits since last 3-months.

Precision Drilling Corp’s net profit margin jumped 68.73% since last year same period to 28.95% in the Q4 2023. On a quarterly growth basis, Precision Drilling Corp has generated 553.4% jump in its net profit margins since last 3-months.

Precision Drilling Corp’s price-to-earnings ratio after this Q4 2023 earnings stands at 4.81.

Precision Drilling Corp’s earning per share (EPS) estimates for the current quarter stand at 2.04 - a -5.99% fall from last quarter’s estimates.

Precision Drilling Corp’s earning per share (EPS) estimates for the current year stand at 2.04.

Precision Drilling Corp’s earning per share (EPS) jumped 3144.44% since last year same period to 8.76 in the Q4 2023. This indicates that the Precision Drilling Corp has generated 3144.44% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Precision Drilling Corp’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Precision Drilling Corp’s return on equity (ROE) stands at 0.21.