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

DNOW

04/05/2023 14:33

* NOW Inc  DNOW.N  reported quarterly adjusted earnings of
25
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
23 cents per share.
    * Revenue rose 23.5% to $584.00 million from a year ago;
analysts
expected $566.80 million. 
    * NOW Inc's reported EPS for the quarter was 28 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
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 fallen by 7.8% this quarter and
lost 19.1% so
far this year.
    * The company reported quarterly net income of $31 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 May
4 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.23           0.25           Beat
 Dec. 31 2022      0.21           0.25           Beat
 Sep. 30 2022      0.25           0.30           Beat
 Jun. 30 2022      0.17           0.26           Beat