NOW Inc expected to post earnings of 23 cents a share - Earnings Preview
02/05/2023 19:35
* NOW Inc DNOW.N DNOW.K is expected to show a rise in
quarterly revenue when it reports results on May 4.
* The Houston Texas-based company is expected to report a
19.8% increase in revenue to $566.8 million from $473 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on February 16 2023,
for the period ended March 31, was for revenue between $557.94
million and $574.35 million.
* Refinitiv's mean analyst estimate for NOW 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 NOW Inc is
$14,
above its last closing price of $10.75.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Dec. 31 2022 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
Mar. 31 2022 0.09 0.09 0.14 Beat 53.2
Dec. 0.03 0.03 0.11 Beat 243.8
31 2021
Sep. 30 2021 0.01 0.02 0.05 Beat 212.5
Jun. 30 2021 -0.01 -0.01 0.00 Beat 100
Mar. 31 2021 -0.13 -0.13 -0.04 Beat 68.8
This summary was machine generated May 2 at 18:35 GMT. All
figures in US dollars unless otherwise stated