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

NOV

27/04/2023 24:18

* Nov Inc  NOV.N  reported quarterly adjusted earnings of 32
cents​​ per share for the quarter ended in March. The mean
expectation of twenty two analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue rose 26.7% to $1.96 billion from a year ago;
analysts
expected $1.96 billion. 
    * Nov Inc's reported EPS for the quarter was 32 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Nov Inc shares had fallen by 1.7% this quarter and
lost 12.9% so
far this year.
    * The company reported quarterly net income of $126 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 LSEG Refinitiv data
April 26 at 11:18 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.22           0.32           Beat
 Dec. 31 2022      0.24           0.26           Beat
 Sep. 30 2022      0.16           0.08           Missed
 Jun. 30 2022      0.04           0.22           Beat