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

DNOW

02/11/2022 13:32

* NOW Inc  DNOW.N  reported quarterly adjusted earnings of
30
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for earnings of
25 cents per share.
    * Revenue rose 31.4% to $577.00 million from a year ago;
analysts
expected $565.15 million. 
    * NOW Inc's reported EPS for the quarter was 35 cents​.
    * The mean earnings estimate of analysts had risen by
about 9.7%
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 26.9% this quarter and
gained 49.3%
so far this year.
    * The company reported quarterly net income of $40 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 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.25           0.30           Beat
 Jun. 30 2022      0.17           0.26           Beat
 Mar. 31 2022      0.09           0.14           Beat
 Dec. 31 2021      0.03           0.11           Beat