61% Profit Fall Expected At PGS
The following is a summary of expectations for second-quarter earnings from Petroleum Geo Services ASA. The Norwegian oil-services company is the world's second-largest seismic surveyor of oil and gas reservoirs.
Expected Earnings PGS is expected to state that second-quarter profit fell by sixty one percent to $3.9 million, or 4 cents a share, from $10 million, or 10 cents a share, in the year-earlier period, according to the average forecast in a survey of 10 analysts by news service TDN Finans. Sales probably rose 13 percent to $290 million.
PGS plans to release its earnings report before the US markets open on Wednesday, July 31st. It has scheduled a conference call for 9:30 a.m. Eastern time that day. Behind the Numbers
The twelve year old company has said that it is expecting to earn up to 35 cents a share from operations this year, and about 60 cents a share next year.
©
&to=http://www.pgs.com/index.cfm' target=_blank>PGS
Subscribe to Pravda.Ru Telegram channel, Facebook, RSS!
Popular
Volodymyr Zelensky has publicly stated twice already that Ukraine would not be able to return "some parts of the country that Russia has occupied, including Crimea, by force." It appears that Zelensky has been having some difficult times lately
Last materials