NOW Inc expected to post earnings of 9  cents a share - Earnings Preview

DNOW

03/05/2022 19:33

* NOW Inc  DNOW.N   DNOW.K  is expected to show a rise in
quarterly revenue when it reports  results on May 5. 
    * The Houston Texas-based  company is expected to report  a
26.4% increase in revenue to $456.42 million from $361 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NOW Inc is for
earnings
of 9 cents per share. For the same quarter last year, the
company reported a loss of 4 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$13​,
above​ its last closing price of $10.82. ​​​
    * 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 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​
 Mar. 31 2021  -0.13       -0.13      -0.04     Beat    68.8
 ​​Dec.        -0.19       -0.19      -0.25     Missed  -31.6
 31 2020                                                
 Sep. 30 2020  -0.21       -0.24      -0.16     Beat    33.5​
 Jun. 30 2020  -0.32       -0.31      -0.16     Beat    49
 Mar. 31 2020  -0.06       -0.06      -0.07     Missed  -9.2
 This summary was machine generated May 3 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated