Nov Inc reports results for the quarter ended December 31 - Earnings Summary

NOV

05/02/2025 24:22

* Nov Inc  NOV.N  reported quarterly adjusted earnings of 41
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 28
cents.  The mean expectation of twenty two analysts for the
quarter was for earnings of 37 cents per share. Wall Street
expected results to range from 32 cents to 59 cents per share.
    * Revenue fell 1.5% to $2.31 billion from a year ago;
analysts
expected $2.24 billion. 
    * Nov Inc's reported EPS for the quarter was 41 cents​.
    * The company reported quarterly net income of $160 million.
    * Nov Inc shares had fallen by 2.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.9%
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 "hold"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 11
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "hold"

Wall Street's median 12-month price target for Nov Inc is $19.00
This summary was machine generated from LSEG data February 5 at
12:22 a.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
 Dec. 31 2024      0.37           0.41           Beat
 Sep. 30 2024      0.36           0.33           Missed
 Jun. 30 2024      0.35           0.57           Beat
 Mar. 31 2024      0.27           0.30           Beat