Patterson-UTI (PTEN) reported $1.22 billion in revenue for the quarter ended June 2025, representing a year-over-year decline of 9.6%. EPS of -$0.06 for the same period compares to $0.05 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.21 billion, representing a surprise of +1.02%. The company delivered an EPS surprise of -50%, with the consensus EPS estimate being -$0.04.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Patterson-UTI performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating revenue- Drilling Services: $403.81 million versus the six-analyst average estimate of $395.63 million. The reported number represents a year-over-year change of -8.3%.
- Operating revenue- Other Operations: $7.79 million versus $6.94 million estimated by six analysts on average.
- Revenues- Drilling Products: $88.39 million compared to the $85.03 million average estimate based on six analysts. The reported number represents a change of +2.7% year over year.
- Revenues- Completion Services: $719.33 million compared to the $728.5 million average estimate based on six analysts. The reported number represents a change of -10.7% year over year.
- Operating income- Drilling Services: $40.6 million compared to the $58.85 million average estimate based on five analysts.
- Operating income- Completion Services: $-29.25 million versus the five-analyst average estimate of $-31.88 million.
- Operating income- Corporate: $-45.66 million versus $-43.57 million estimated by five analysts on average.
- Operating income- Other: $-2 million compared to the $-2.49 million average estimate based on five analysts.
- Operating income- Drilling Products: $6.82 million versus $9.59 million estimated by five analysts on average.
View all Key Company Metrics for Patterson-UTI here>>>
Shares of Patterson-UTI have returned +4.1% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Patterson-UTI Energy, Inc. (PTEN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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