Nov Inc expected to post earnings of 27 cents a share - Earnings Preview

NOV

24/04/2024 01:28

* Nov Inc  NOV.N   NOV  is expected to show a rise in
quarterly
revenue when it reports  results on April 25 for the period
ending March 31 2024
    * The Houston Texas-based  company is expected to report a
7.7% increase in revenue to $2.113 billion from $1.96 billion a
year ago, according to the mean estimate from 20 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Nov Inc is for earnings
of 27
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 7
"hold" and 2 "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
$24.00​, above​ its last closing price of $18.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.41        0.41       0.28      Missed  -32.4
 Sep. 30 2023  0.36        0.34       0.29      Missed  -15.9
 Jun. 30 2023  0.28        0.30       0.39      Beat    31.9​
 Mar. 31 2023  0.22        0.22       0.32      Beat    44.9
 ​​Dec.        0.24        0.24       0.26      Beat    10.2
 31 2022                                                
 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
 This summary was machine generated April 24 at 00:28 GMT.  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)