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

NOV

06/02/2023 23:01

* Nov Inc  NOV.N  reported quarterly adjusted earnings of 26
cents​​ per share for the quarter ended in December. The mean
expectation of twenty two analysts for the quarter was
for earnings of 24 cents per share.
    * Revenue rose 36.7% to $2.07 billion from a year ago;
analysts
expected $1.95 billion. 
    * Nov Inc's reported EPS for the quarter was 26 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Nov Inc shares had risen by 11.4% this quarter.
    * The company reported quarterly net income of $104 million.
    * Wall Street's median 12-month price target for Nov Inc is
$26.00
    * 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." 

This summary was machine generated from Refinitiv data February
6 at 11:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.26           Beat
 Sep. 30 2022      0.16           0.08           Missed
 Jun. 30 2022      0.04           0.22           Beat
 Mar. 31 2022      -0.05          -0.01          Beat