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Earnings Miss: Patterson-UTI Energy, Inc. Missed EPS By 59% And Analysts Are Revising Their Forecasts

By Yahoo! Finance   |   Jul 28, 2024 at 10:29 AM EST
Earnings Miss: Patterson-UTI Energy, Inc. Missed EPS By 59% And Analysts Are Revising Their Forecasts

Patterson-UTI Energy disappointed with missed earnings in its latest quarterly report. Analysts forecast a decline in revenue and earnings per share for 2024 after the results. Despite the downgrade, the stock's intrinsic value remains stable.

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