Valaris Ltd expected to post earnings of 57cents a share - Earnings Preview

Valaris

17/02/2023 15:00

* Valaris Ltd  VAL.N   VAL  is expected to show a rise in
quarterly revenue when it reports  results on February 21. 
    * The Hamilton Bermuda-based   company is expected to report
 a
39.6% increase in revenue to $426.473 million from $305.5
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Valaris Ltd is for
earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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
$90​, above​ its last closing price of $78.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.34        0.37       0.98      Beat    168.5
 Jun. 30 2022  -0.19       -0.09      1.48      Beat    1,807.
                                                        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.        -0.55       -0.81      -0.73     Beat    10.2
 30 2021                                                
 Jun. 30 2021              -0.99                        ​
 This summary was machine generated February 17 at 15:00 GMT. 
All figures in US dollars  unless otherwise stated