Valaris Ltd expected to post earnings of 28  cents a share - Earnings Preview

Valaris

03/11/2023 15:34

* Valaris Ltd  VAL.N   VAL  is expected to show a rise in
quarterly revenue when it reports  results on November 7. 
    * The Hamilton Bermuda-based   company is expected to report
 a
7.4% increase in revenue to $469.383 million from $437.2 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Valaris Ltd is for
earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "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 Valaris Ltd
is
$103​, above​ its last closing price of $68.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.32       -0.32      -0.39     Missed  -20.2
 Mar. 31 2023  -0.39       -0.35      0.61      Beat    271.8
 Dec. 31 2022  0.40        0.49       0.38      Missed  -23.1​
 Sep. 30 2022  0.34        0.37       0.98      Beat    168.5
 ​​Jun.        -0.19       -0.09      1.48      Beat    1,807.
 30 2022                                                6
 Mar. 31 2022  -0.89       -0.84      -0.51     Beat    39.3​
 Dec. 31 2021  -0.50       -0.50      0.37      Beat    173.5
 Sep. 30 2021  -0.55       -0.81      -0.73     Beat    10.2
 This summary was machine generated November 3 at 15:34 GMT.  All
figures in US dollars  unless otherwise stated