Pioneer Energy Services Corp. (NYSE:PES) is scheduled to issue its quarterly earnings data before the market opens on Monday, October 30th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter.

Pioneer Energy Services Corp. (NYSE:PES) last issued its earnings results on Tuesday, August 1st. The oil and gas company reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.18) by ($0.03). Pioneer Energy Services Corp. had a negative return on equity of 28.63% and a negative net margin of 33.86%. The company had revenue of $107.13 million for the quarter, compared to the consensus estimate of $105.23 million. During the same quarter last year, the business posted ($0.30) EPS. Pioneer Energy Services Corp.’s quarterly revenue was up 72.0% on a year-over-year basis. On average, analysts expect Pioneer Energy Services Corp. to post $-0.67 EPS for the current fiscal year and $-0.27 EPS for the next fiscal year.

Pioneer Energy Services Corp. (PES) opened at 1.95 on Monday. The firm’s 50-day moving average price is $2.22 and its 200-day moving average price is $2.46. Pioneer Energy Services Corp. has a one year low of $1.60 and a one year high of $7.20. The company’s market cap is $150.88 million.

PES has been the topic of a number of analyst reports. Zacks Investment Research upgraded Pioneer Energy Services Corp. from a “hold” rating to a “buy” rating and set a $2.50 price target on the stock in a research report on Thursday, July 6th. ValuEngine upgraded Pioneer Energy Services Corp. from a “strong sell” rating to a “sell” rating in a research report on Friday, July 14th. Piper Jaffray Companies reiterated a “buy” rating and issued a $2.75 price target on shares of Pioneer Energy Services Corp. in a research report on Thursday, August 3rd. Seaport Global Securities reiterated a “neutral” rating on shares of Pioneer Energy Services Corp. in a research report on Wednesday, August 2nd. Finally, Imperial Capital initiated coverage on Pioneer Energy Services Corp. in a research report on Wednesday, October 4th. They issued an “in-line” rating and a $3.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. Pioneer Energy Services Corp. currently has a consensus rating of “Hold” and a consensus price target of $5.03.

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About Pioneer Energy Services Corp.

Pioneer Energy Services Corp. provides land-based drilling services and production services to a group of independent oil and gas exploration and production companies in the United States and internationally in Colombia. The Company operates through two segments, which include drilling services segment and production services segment.

Earnings History for Pioneer Energy Services Corp. (NYSE:PES)

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