Borr Drilling Ltd expected to post earnings of 15 cents a share - Earnings Preview

Borr Drilling

21/05/2024 07:33

* Borr Drilling Ltd  BORR.OL   is expected to show a rise in
quarterly revenue when it reports  results on May 23 for the
period ending January 1 0001
    * The Hamilton Bermuda-based   company is expected to report
a
33.7% increase in revenue to $230 million from $172 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Borr Drilling Ltd is for
earnings of 15 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts had risen by
about 57.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Borr
Drilling Ltd
is $9.00​, above​ its last closing price of $6.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.09        0.11       0.11      Met     0
 Sep. 30 2023  0.07        0.07       0.00      Missed  -100
 Jan. 1 0001   0.08        0.06       0.00      Missed  -100​
 Mar. 31 2023  0.01        0.01       -0.03     Missed  -400
 ​​Dec.        -0.09       -0.09      -0.09     Met     0
 31 2022                                                
 Jan. 1 0001               -0.23      -0.30     Missed  -30.4​
 Jun. 30 2022  -0.26       -0.26      -1.09     Missed  -319.2
 Jan. 1 0001               -0.28      -0.35     Missed  -25
 This summary was machine generated May 21 at 06:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)