DNOW's Q1 revenue beats estimates

DNOW

07/05/2026 11:57

Overview

U.S. energy distributor's Q1 revenue beat analyst expectations

Adjusted EPS for Q1 missed analyst expectations

Company repurchased $50 mln in stock and acquired Edge Controls for $46 mln

Outlook

Company did not provide specific guidance for upcoming quarters or full-year results in press release

Result Drivers

MIDSTREAM AND GAS UTILITY GROWTH - Co said sequential revenue growth was delivered in midstream and gas utility sectors

INTEGRATION AND SYNERGIES - Co said integration of MRC Global is advancing and synergies are being captured ahead of schedule

Company press release: ID:nBw18nGq0a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.18 bln
$1.08 bln (4 Analysts)
Q1 Adjusted EPS
Miss
$0.01
$0.08 (4 Analysts)
Q1 Adjusted Net Income
$3 mln
Q1 Net Income
-$44 mln
Q1 Adjusted EBITDA
$39 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for DNOW Inc is $16.00, about 18.5% above its May 6 closing price of $13.50

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)