Borr Drilling Ltd expected to post earnings of 8  cents a share - Earnings Preview

Borr Drilling

15/08/2023 12:01

* Borr Drilling Ltd  BORR.OL   is expected to show a rise in
quarterly revenue when it reports  results on August 17. 
    * The Hamilton Bermuda-based   company is expected to report
 a
67.6% increase in revenue to $176.5 million from $105.3 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Borr Drilling Ltd
is for
earnings of 8 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 $9​, above​ its last closing price of $8.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.01        0.01       -0.03     Missed  -400
 Dec. 31 2023  -0.09       -0.09      -0.09     Met     0
 Sep. 30 2022              -0.23      -0.30     Missed  -30.4​
 Jun. 30 2022  -0.26       -0.26      -1.09     Missed  -319.2
 ​​Mar.                    -0.28      -0.35     Missed  -25
 31 2022                                                
 Dec. 31 2021  -0.24       -0.24      -0.34     Missed  -41.7​
 Sep. 30 2021  -0.29       -0.29      -0.24     Beat    18.4
 Jun. 30 2021  -0.31       -0.39      -0.44     Missed  -14
 This summary was machine generated August 15 at 11:01 GMT.  All
figures in US dollars  unless otherwise stated