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Master Drilling expects to report lower earnings

14th August 2020

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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Drilling contractor Master Drilling expects its headline earnings per share (HEPS) for the six months ended June 30  to be between 49.5c and 57.2c a share, which will be between 25.5% and 35.5% lower year-on-year.

Earnings per share (EPS) for the six months are expected to be between 46.2c and 53.8c, which will be between 29.8% and 39.8% lower than the EPS of 76.7c a share reported for the prior comparable six months.

In dollar terms, HEPS are expected to be between $0.029 and $0.035, a year-on-year decrease of between 35.7% and 45.7%.

EPS are expected to be between $0.027 and $0.033 - a decrease of between 39.4% and 49.4% year-on-year.

Master Drilling’s interim results will be released by August 25.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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