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

Borr Drilling

17/11/2022 08:31

* Borr Drilling Ltd  BORR.OL  reported a quarterly adjusted
loss
of 30 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for a loss of 23 cents
per share.
    * Revenue rose 47.8% to $107.90 million from a year ago;
analysts
expected $106.80 million. 
    * Borr Drilling Ltd's reported EPS for the quarter was a
loss
of 30 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Borr Drilling Ltd shares had risen by 53.3% this
quarter and
gained 147.1% so far this year.
    * The company reported a quarterly loss of $54.9 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
17 at 08:31 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.23          -0.30          Missed
 Jun. 30 2022      -0.26          -1.09          Missed
 Mar. 31 2022      -0.28          -0.35          Missed
 Dec. 31 2021      -0.24          -0.34          Missed