Nov Inc expected to post earnings of 24cents a share - Earnings Preview

NOV

03/02/2023 22:02

* Nov Inc  NOV.N   NOV  is expected to show a rise in
quarterly
revenue when it reports  results on February 6. 
    * The Houston Texas-based  company is expected to report  a
28.9% increase in revenue to $1.955 billion from $1.52 billion a
year ago, according to the mean estimate from 19 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nov Inc is for
earnings
of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nov Inc is
$26​,
above​ its last closing price of $22.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.16        0.16       0.08      Missed  -51.3
 Jun. 30 2022  0.05        0.04       0.22      Beat    471.9
 Mar. 31 2022  -0.06       -0.05      -0.01     Beat    81.5​
 Dec. 31 2021  -0.05       -0.03      -0.08     Missed  -140
 ​​Sep.        -0.08       -0.07      -0.12     Missed  -60.1
 30 2021                                                
 Jun. 30 2021  -0.13       -0.13      -0.03     Beat    76.9​
 Mar. 31 2021  -0.26       -0.22      -0.27     Missed  -24
 Dec. 31 2020  -0.21       -0.19      -0.29     Missed  -56
 This summary was machine generated February 3 at 22:02 GMT.  All
figures in US dollars  unless otherwise stated