Unit (UNT) Stories This autumn Loss, Misses Income Estimates

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Unit (UNT) Stories This autumn Loss, Misses Income Estimates

Unit


Unit (UNT) got here out with a quarterly lack of $0.67 per share versus the Zacks Consensus Estimate of a lack of $0.31. This compares to earnings of $0.27 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -116.13%. 1 / 4 in the past, it was anticipated that this oil and pure fuel contract drilling firm would publish a lack of $0.24 per share when it truly produced a lack of $0.30, delivering a shock of -25%.

During the last 4 quarters, the corporate has not been in a position to surpass consensus EPS estimates.

Unit, which belongs to the Zacks Oil and Fuel – Discipline Companies business, posted revenues of $164.36 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 1.72%. This compares to year-ago revenues of $214.79 million. The corporate has not been in a position to beat consensus income estimates during the last 4 quarters.

The…



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