Dnow Inc Expected To Post Earnings Of 24 Cents A Share: Earnings Preview
05/08/2024 15:11
* DNOW Inc DNOW.N DNOW.K is expected to show a rise in
quarterly revenue when it reports results on August 7 for the
period ending March 31 2024
* The Houston Texas-based company is expected to report a
6.5% increase in revenue to $632.5 million from $594 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on May 10 2024, for the
period ended June 30, was for revenue between $619.30 million
and $647.45 million.
* LSEG's mean analyst estimate for DNOW Inc is for earnings
of 24
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 $14.14.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.23 0.23 0.21 Missed -8.7
Dec. 31 2024 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
Mar. 0.23 0.23 0.25 Beat 8.7
31 2023
Jan. 1 0001 0.21 0.21 0.25 Beat 22
Sep. 30 2022 0.25 0.25 0.30 Beat 21.2
Jun. 30 2022 0.17 0.17 0.26 Beat 51.2
This summary was machine generated August 5 at 14:11 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)