Valaris Ltd reports results for the quarter ended in March - Earnings Summary

Valaris

03/05/2022 14:33

* Valaris Ltd  VAL.N  reported a quarterly adjusted loss
of 51
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 84 cents per share.
    * Revenue was $318.40 million​;  analysts expected $294.76
million. 
    * Valaris Ltd's reported EPS for the quarter was a loss
of 51
cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Valaris Ltd shares had fallen by 0.1% this quarter and
gained 44.2% so far this year.
    * The company reported a quarterly loss of $38.6 million.
    * Wall Street's median 12-month price target for Valaris Ltd
is
$64.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated May 3 at 01:33 p.m.  ​All
figures in US dollars unless otherwise stated