Dnow Inc Expected To Post Earnings Of 23 Cents A Share: Earnings Preview

DNOW

08/05/2024 14:43

* DNOW Inc  DNOW.N   DNOW.K  is expected to show a fall in
quarterly revenue when it reports  results on May 10 for the
period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
2.5% decrease in revenue to $569.15 million from $584 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for DNOW Inc is for earnings
of 23
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 DNOW Inc is
$16.00​, above​ its last closing price of $14.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.16        0.17       0.22      Beat    33.3
 Sep. 30 2023  0.25        0.25       0.25      Met     -1
 Jun. 30 2023  0.25        0.25       0.25      Met     -1​
 Jan. 1 0001   0.23        0.23       0.25      Beat    8.7
 ​​Dec.        0.21        0.21       0.25      Beat    22
 31 2022                                                
 Sep. 30 2022  0.25        0.25       0.30      Beat    21.2​
 Jun. 30 2022  0.17        0.17       0.26      Beat    51.2
 Mar. 31 2022  0.09        0.09       0.14      Beat    53.2
 This summary was machine generated May 8 at 13:43 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)