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

DNOW

02/08/2023 14:32

* NOW Inc  DNOW.N  reported quarterly adjusted earnings of
25
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
25 cents per share.
    * Revenue rose 10.2% to $594.00 million from a year ago;
analysts
expected $592.30 million. 
    * NOW Inc's reported EPS for the quarter was 31 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * NOW Inc shares had risen by 12.1% this quarter and
lost 8.6% so
far this year.
    * The company reported quarterly net income of $34 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 LSEG Refinitiv data
August 2 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.25           0.25           Met
 Mar. 31 2023      0.23           0.25           Beat
 Dec. 31 2022      0.21           0.25           Beat
 Sep. 30 2022      0.25           0.30           Beat