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

DNOW

07/05/2022 24:17

* NOW Inc  DNOW.N  reported quarterly adjusted earnings of
14
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
9 cents per share.
    * Revenue rose 31% to $473.00 million from a year ago; 
analysts
expected $456.42 million. 
    * NOW Inc's reported EPS for the quarter was 27 cents​.
    * The mean earnings estimate of analysts had risen by
about 42.8%
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 0.7% this quarter and
gained 30.1%
so far this year.
    * The company reported quarterly net income of $30 million.
    * Wall Street's median 12-month price target for NOW Inc is
$13.00
    * 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." 

This summary was machine generated May 6 at 11:17 p.m.  ​All
figures in US dollars unless otherwise stated