Q3 EPS Estimates for Akita Drilling Cut by Atb Cap Markets

Akita Drilling (TSE:AKTFree Report) – Research analysts at Atb Cap Markets cut their Q3 2024 EPS estimates for shares of Akita Drilling in a research report issued to clients and investors on Tuesday, October 22nd. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings per share of $0.05 for the quarter, down from their prior forecast of $0.09.

Akita Drilling (TSE:AKTGet Free Report) last posted its quarterly earnings data on Tuesday, July 30th. The company reported C($0.01) EPS for the quarter, hitting the consensus estimate of C($0.01). The company had revenue of C$38.34 million for the quarter, compared to analyst estimates of C$41.00 million.

Akita Drilling Price Performance

Akita Drilling has a 52 week low of C$6.52 and a 52 week high of C$9.23.

Akita Drilling Company Profile

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AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada.

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Earnings History and Estimates for Akita Drilling (TSE:AKT)

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