NOW Inc expected to post earnings of 25 cents a share - Earnings Preview
31/10/2023 18:40
* NOW Inc DNOW.N DNOW.K is expected to show a rise in
quarterly revenue when it reports results on November 2.
* The Houston Texas-based company is expected to report a
4.6% increase in revenue to $603.325 million from $577 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on August 2 2023, for
the period ended September 30, was for revenue between $599.94
million and $611.82 million.
* 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 $11.06.
The company's guidance on August 2 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD599.94 million and
USD48.9456 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Jun. 30 2023 0.25 0.25 0.25 Met -1
Mar. 31 2023 0.23 0.23 0.25 Beat 8.7
Dec. 31 2022 0.21 0.21 0.25 Beat 22
Sep. 30 2022 0.25 0.25 0.30 Beat 21.2
Jun. 0.17 0.17 0.26 Beat 51.2
30 2022
Mar. 31 2022 0.09 0.09 0.14 Beat 53.2
Dec. 31 2021 0.03 0.03 0.11 Beat 243.8
Sep. 30 2021 0.01 0.02 0.05 Beat 212.5
This summary was machine generated October 31 at 18:39 GMT. All
figures in US dollars unless otherwise stated