Borr Drilling Ltd expected to post earnings of 9 cents a share - Earnings Preview

Borr Drilling

04/11/2024 15:32

* Borr Drilling Ltd  BORR.OL   is expected to show a rise in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Hamilton Bermuda-based   company is expected to report
a
28.5% increase in revenue to $246.125 million from $191.5
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Borr Drilling Ltd is for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Borr
Drilling Ltd
is 9.50​, above​ its last closing price of $4.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.19        0.19       0.12      Missed  -35.7
 Mar. 31 2024  0.15        0.15       0.06      Missed  -59.1
 Dec. 31 2023  0.09        0.11       0.11      Met     0​
 Jan. 1 0001   0.07        0.07       0.00      Missed  -100
 ​​Jun.        0.08        0.06       0.00      Missed  -100
 30 2023                                                
 Jan. 1 0001   0.01        0.01       -0.03     Missed  -400​
 Dec. 31 2022  -0.09       -0.09      -0.09     Met     0
 Sep. 30 2022              -0.23      -0.30     Missed  -30.4
 This summary was machine generated November 4 at 15:32 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)