Noble Corporation PLC reports results for the quarter ended June 30 - Earnings Summary

Noble

05/08/2025 22:55

Noble Corporation PLC NE.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 72 cents.  The mean expectation of ten analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 39 cents to 74 cents per share.

Revenue rose 22.5% to $849.00 million from a year ago; analysts expected $846.83 million.

Noble Corporation PLC's reported EPS for the quarter was 27 cents​.

The company reported quarterly net income of $42.87 million.

Noble Corporation PLC shares had fallen by 2.4% this quarter and lost 17.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "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 $31.00, about 13.2% above its last closing price of $26.91

This summary was machine generated from LSEG data August 5 at 09:54 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 2025
0.53
0.13
Missed
Mar. 31 2025
0.42
0.26
Missed
Dec. 31 2024
0.63
0.56
Missed
Sep. 30 2024
0.81
0.58
Missed