Borr Drilling Ltd expected to post earnings of 7 cents a share - Earnings Preview

Borr Drilling

20/02/2024 11:13

* Borr Drilling Ltd  BORR.OL   is expected to show a rise in
quarterly revenue when it reports  results on February 22 for
the period ending December 31 2023
    * The Hamilton Bermuda-based   company is expected to report
a
37.7% increase in revenue to $204.667 million from $148.6
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 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Borr
Drilling Ltd
is $10.00​, above​ its last closing price of $6.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.07        0.07       0.00      Missed  -100
 Jun. 30 2023  0.08        0.06       0.00      Missed  -100
 Mar. 31 2023  0.01        0.01       -0.03     Missed  -400​
 Dec. 31 2022  -0.09       -0.09      -0.09     Met     0
 ​​Sep.                    -0.23      -0.30     Missed  -30.4
 30 2022                                                
 Jun. 30 2022  -0.26       -0.26      -1.09     Missed  -319.2
                                                        ​
 Mar. 31 2022              -0.28      -0.35     Missed  -25
 Dec. 31 2021  -0.24       -0.24      -0.34     Missed  -41.7
 This summary was machine generated February 20 at 11:13 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)