Valaris Ltd reports results for the quarter ended June 30 - Earnings Summary

Valaris

06/08/2026 24:21

Valaris Ltd VAL.N reported quarterly adjusted earnings of 72 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.61.  The mean expectation of eight analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 15 cents to 69 cents per share.
Revenue fell 12.4% to $539.20 million from a year ago; analysts expected $494.49 million. 
Valaris Ltd's reported EPS for the quarter was 72 cents​.
The company reported quarterly net income of $50.4 million.
Valaris Ltd shares had risen by 7.6% this quarter and gained 55.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas drilling peer group is  "buy."
Wall Street's median 12-month price target for Valaris Ltd is $70.00, about 10% below its last closing price of $76.97
This summary was machine generated from LSEG data August 5 at 11:21 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 
0.41
0.72
Beat
Mar. 31 2026 
-0.12
-0.24
Missed
Dec. 31 2025 
0.63
10.26
Beat
Sep. 30 2025 
1.16
2.65
Beat