Noble Corporation PLC reports results for the quarter ended in June - Earnings Summary

Noble

31/07/2024 22:52

* Noble Corporation PLC  NE.N  reported quarterly adjusted
earnings of 72 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 38 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 63 cents per share. Wall
Street expected results to range from 52 cents to 85 cents per
share.
    * Revenue rose 8.5% to $692.84 million from a year ago;
analysts
expected $634.73 million. 
    * Noble Corporation PLC's reported EPS for the quarter was
$1.34​.
    * The company reported quarterly net income of $195.01
million.
    * Noble Corporation PLC shares had risen by 3.2% this
quarter and
lost 4.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
drilling
peer group is also "buy"

Wall Street's median 12-month price target for Noble Corporation
PLC is $60.00 
This summary was machine generated from LSEG data July 31 at
09:52 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024                     0.72           
 Mar. 31 2024                     0.45           
 Dec. 31 2023      0.58           0.39           Missed
 Sep. 30 2023      0.80           0.87           Beat