Overview
DNOW Q3 revenue was $634 mln, missing analyst expectations
Adjusted EPS for Q3 beats analyst expectations
Outlook
DNOW expects to close merger with MRC Global in Q4 2025
Company forecasts best full-year earnings ever in terms of EBITDA
DNOW focuses on customer service and innovation for future growth
Result Drivers
REVENUE GROWTH - DNOW achieved its highest revenue since Q4 2019, driven by strong operational performance
STRONG CASH POSITION - DNOW ended the quarter with $266 mln in cash and zero debt, providing a solid foundation for growth
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$634 mln
$637.13 mln (3 Analysts)
Q3 Adjusted EPS
Beat
$0.26
$0.23 (3 Analysts)
Q3 Adjusted Net Income
$28 mln
Q3 Net Income
$25 mln
Q3 Adjusted EBITDA
$51 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for DNOW Inc is $17.00, about 14.1% above its November 4 closing price of $14.60
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 17 three months ago
Press Release: ID:nBw8HR3Rna
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)
