NOW Inc reports results for the quarter ended in December - Earnings Summary

DNOW

16/02/2023 14:32

* NOW Inc  DNOW.N  reported quarterly adjusted earnings of
25
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
21 cents per share.
    * Revenue rose 26.6% to $547.00 million from a year ago;
analysts
expected $531.33 million. 
    * NOW Inc's reported EPS for the quarter was 28 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * NOW Inc shares had risen by 9.9% this quarter.
    * The company reported quarterly net income of $32 million.
    * Wall Street's median 12-month price target for NOW Inc is
$14.00
    * 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." 

This summary was machine generated from Refinitiv data February
16 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.25           Beat
 Sep. 30 2022      0.25           0.30           Beat
 Jun. 30 2022      0.17           0.26           Beat
 Mar. 31 2022      0.09           0.14           Beat