PTEN Earnings

PTEN reported its earnings on 2026-02-04, showcasing a revenue of 1.15B against an estimate of 1.10B, resulting in a 4.62% surprise. The EPS was -0.02, surpassing the expected -0.12 by 83.33%. The stock experienced a 2.77% price change on the earnings day and a 4.03% change over the next five days, reflecting market reactions to the results.

Following PTEN's earnings announcement on 2026-02-04, the stock price moved by 2.77% on the day of the release. Over the subsequent five days, it saw a 4.03% change. Historically, PTEN's stock price tends to shift by an average of 0% in the 10 days leading up to earnings and 0.2% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate PTEN's annual revenue to reach 1.12B, while the EPS is projected at -0.12. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates revised downward by -0.01% over the past three months, indicating analyst expectation in the company's performance.

The correlation between PTEN's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved revised downward by -0.01%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, PTEN's stock price typically moves by 0% in the 10 days before its earnings and 0.2% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of -0.12 and revenue of 1.12B.

The earnings call summary and Q&A indicate a positive sentiment. The company has a strong focus on technology investments, international expansion, and shareholder returns, which are well-received by analysts. The guidance for strong free cash flow and shareholder return plans further enhance the outlook. Despite some uncertainties in the frac market and weather impacts, the overall sentiment remains positive. The market cap suggests moderate sensitivity, leading to a predicted stock price movement of 2% to 8%.