Patterson-UTI (PTEN Quick QuotePTEN - Free Report) reported $1.34 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 14.1%. EPS of $0.04 for the same period compares to -$0.06 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.29 billion, representing a surprise of +4.06%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.04.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Patterson-UTI performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Operating days - Contract drilling - U.S.: 9,249 compared to the 9,235 average estimate based on three analysts.
• Average active rig count - Contract Drilling - U.S.: 101 versus the three-analyst average estimate of 100.
• Revenues- Other Operations: $6.39 million versus $8.67 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +39% change.
• Revenues- Drilling Services: $417.37 million versus the five-analyst average estimate of $406.45 million. The reported number represents a year-over-year change of +9.8%.
• Revenues- Completion Services: $808.31 million versus $775.76 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +14.6% change.
• Revenues- Drilling Products: $110.17 million versus $94.97 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +28.3% change.
• Operating income- Other: $2.08 million versus the five-analyst average estimate of $3.6 million.
• Operating income- Corporate: $-32.67 million compared to the $-49.14 million average estimate based on five analysts.
• Operating income- Drilling Products: $19.15 million versus the five-analyst average estimate of $8.9 million.
• Operating income- Completion Services: $18.01 million versus $19.41 million estimated by five analysts on average.
• Operating income- Drilling Services: $56.7 million compared to the $52.38 million average estimate based on five analysts.

View all Key Company Metrics for Patterson-UTI here>>>

Shares of Patterson-UTI have returned +2.2% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.