
“Breaking Down Patterson-UTI’s Q4 Performance: A Closer Look at the Numbers”
Patterson-UTI Reports Quarterly Loss What Happened? Patterson-UTI (PTEN) recently announced a quarterly loss of $0.12 per share, falling short of the Zacks Consensus Estimate of a loss of $0.10. This is a significant drop from the earnings of $0.19 per share reported a year ago. Analysis The decrease in earnings can be attributed to various…