NOW Inc expected to post earnings of 25  cents a share - Earnings Preview

DNOW

31/07/2023 18:41

* NOW Inc  DNOW.N   DNOW.K  is expected to show a rise in
quarterly revenue when it reports  results on August 2. 
    * The Houston Texas-based  company is expected to report  a
9.9% increase in revenue to $592.3 million from $539 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NOW Inc is for
earnings
of 25 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 $11.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.23        0.23       0.25      Beat    8.7
 Dec. 31 2023  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.        0.09        0.09       0.14      Beat    53.2
 31 2022                                                
 Dec. 31 2021  0.03        0.03       0.11      Beat    243.8​
 Sep. 30 2021  0.01        0.02       0.05      Beat    212.5
 Jun. 30 2021  -0.01       -0.01      0.00      Beat    100
 This summary was machine generated July 31 at 17:41 GMT.  All
figures in US dollars  unless otherwise stated