Nov Inc reports results for the quarter ended June 30 - Earnings Summary

NOV

29/07/2026 24:40

Nov Inc NOV.N reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 29 cents.  The mean expectation of twenty analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 11 cents to 22 cents per share.
Revenue fell 2.5% to $2.13 billion from a year ago; analysts expected $2.09 billion. 
Nov Inc's reported EPS for the quarter was 31 cents​.
The company reported quarterly net income of $112 million.
Nov Inc shares had risen by 10.4% this quarter and gained 31.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 11.6% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is  "buy."
Wall Street's median 12-month price target for Nov Inc is $22.00, about 9.9% above its last closing price of $19.82
This summary was machine generated from LSEG data July 28 at 11:40 p.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
Jun. 30 2026 
0.16
0.31
Beat
Mar. 31 2026 
0.16
0.05
Missed
Dec. 31 2025 
0.25
-0.02
Missed
Sep. 30 2025 
0.25
0.11
Missed