Borr Drilling Ltd reports results for the quarter ended in December - Earnings Summary

Borr Drilling

16/02/2023 08:31

* Borr Drilling Ltd  BORR.OL  reported a quarterly adjusted
loss
of 9 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 9 cents
per share.
    * Revenue rose 115.1% to $148.60 million from a year ago;
analysts
expected $134.40 million. 
    * Borr Drilling Ltd's reported EPS for the quarter was a
loss of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 30.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Borr Drilling Ltd shares had risen by 37.4% this quarter.
    * The company reported a quarterly loss of $21.3 million.
    * Wall Street's median 12-month price target for Borr
Drilling Ltd
is $8.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 08:31 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          -0.09          Met
 Sep. 30 2022      -0.23          -0.30          Missed
 Jun. 30 2022      -0.26          -1.09          Missed
 Mar. 31 2022      -0.28          -0.35          Missed