Nov Inc expected to post earnings of 30  cents a share - Earnings Preview

NOV

25/07/2023 01:01

* Nov Inc  NOV.N   NOV  is expected to show a rise in
quarterly
revenue when it reports  results on July 26. 
    * The Houston Texas-based  company is expected to report  a
20.2% increase in revenue to $2.075 billion from $1.73 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 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 8
"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
$24​,
above​ its last closing price of $18.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.22        0.22       0.32      Beat    44.9
 Dec. 31 2023  0.24        0.24       0.26      Beat    10.2
 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.        -0.06       -0.05      -0.01     Beat    81.5
 31 2022                                                
 Dec. 31 2021  -0.05       -0.03      -0.08     Missed  -140​
 Sep. 30 2021  -0.08       -0.07      -0.12     Missed  -60.1
 Jun. 30 2021  -0.13       -0.13      -0.03     Beat    76.9
 This summary was machine generated July 25 at 00:01 GMT.  All
figures in US dollars  unless otherwise stated