NOW Inc expected to post earnings of 2 cents a share - Earnings Preview

DNOW

01/11/2021 18:15

* NOW Inc  DNOW.N   DNOW.K  is expected to show a rise in
quarterly revenue when it reports  results on November 3. 
* The Houston, Texas-based company is expected to report  a
29.7% increase in revenue to $422.8 million from $326 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for NOW Inc is for earnings
of 2 cents per share. For the same quarter last year, the
company reported a loss of 16 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 NOW Inc is
$12​, about 39.8% above​ its last closing price of $7.22. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   -0.01       -0.01      0.00      Beat    100
 Mar. 312021   -0.13       -0.13      -0.04     Beat    68.8
 Dec. 312020   -0.19       -0.19      -0.25     Missed  -31.6​
 Sep. 302020   -0.21       -0.24      -0.16     Beat    33.5
 ​​Jun.        -0.32       -0.31      -0.16     Beat    49
 302020                                                 
 Mar. 312020   -0.06       -0.06      -0.07     Missed  -9.2​
 Dec. 312019   0.01        0.01       -0.05     Missed  -573.9
 Sep. 302019   0.07        0.06       0.08      Beat    23.8
 This summary was machine generated November 1 at 18:15 GMT.  All
figures in US dollars unless otherwise stated