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Parker Drilling (NYSE:PKD) will be issuing its Q114 quarterly earnings data on Thursday, May 8th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $226.70 million for the quarter.

Parker Drilling (NYSE:PKD) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.01. The company had revenue of $243.32 million for the quarter, compared to the consensus estimate of $243.83 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was up 54.8% on a year-over-year basis. On average, analysts expect Parker Drilling to post $0.46 EPS for the current fiscal year and $0.70 EPS for the next fiscal year.

Parker Drilling (NYSE:PKD) traded down 0.46% on Wednesday, hitting $6.46. 246,150 shares of the company’s stock traded hands. Parker Drilling has a 52-week low of $4.15 and a 52-week high of $8.67. The stock’s 50-day moving average is $6.8 and its 200-day moving average is $7.48. The company has a market cap of $774.1 million and a P/E ratio of 29.50.

PKD has been the subject of a number of recent research reports. Analysts at Tudor Pickering initiated coverage on shares of Parker Drilling in a research note on Friday, April 11th. They set an “accumulate” rating and a $9.00 price target on the stock. Analysts at Barclays cut their price target on shares of Parker Drilling from $11.00 to $10.00 in a research note on Monday, March 3rd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.60.

Parker Drilling Company (NYSE:PKD) is a provider of contract drilling and drilling-related services.

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