Precision Drilling First Quarter 2025 Earnings: EPS Misses Expectations

Precision Drilling (TSE:PD) First Quarter 2025 Results

Key Financial Results

• Revenue: CA$496.3m (down 6.0% from 1Q 2024).
• Net income: CA$34.5m (down 5.5% from 1Q 2024).
• Profit margin: 7.0% (up from 6.9% in 1Q 2024). The increase in margin was driven by lower expenses.
• EPS: CA$2.52 (down from CA$2.54 in 1Q 2024).

We've discovered 4 warning signs about Precision Drilling. View them for free.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Precision Drilling EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.9%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 12% growth forecast for the Energy Services industry in Canada.

Performance of the Canadian Energy Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Precision Drilling (1 is concerning!) that we have uncovered.

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