EPS for Cathedral Energy Services Ltd. (CET) forecasted at $0.01

May 3, 2018 - By Alice Reed

Cathedral Energy Services Ltd. (TSE:CET) Corporate Logo

Cathedral Energy Services Ltd. (TSE:CET)’s earnings release is awaited by WallStreet on May, 10, according to RTT. Last year’s earnings per share was $0.03, while now analysts expect change of 66.67 % down from current $0.01 earnings per share. The profit will be $494,038 for T_CET if $0.01 earnings per share becomes true. Wall Street now predicts -200.00 % EPS growth despite Cathedral Energy Services Ltd. previous quarter’s EPS of $-0.01. CET is hitting $1.6 during the last trading session, after increased 1.27%.Currently Cathedral Energy Services Ltd. is after 0.00% change in last May 3, 2017. CET has 7,600 shares volume. CET underperformed by 11.55% the S&P500.

Cathedral Energy Services Ltd. provides directional drilling services to oil and natural gas exploration and development entities in western Canada and the United States.The firm is valued at $79.05 million. It offers horizontal, directional, and underbalanced drilling services; and services through measurement while drilling systems, which are installed in the drill string to provide real time measurements of basic trajectory parameters, such as inclination, direction, tool-face, and temperature.800 is the P/E ratio. The firm also provides displacement drilling mud motors to drill without drill string rotation converting hydraulic energy into mechanical energy; drilling jars; and shock subs.

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