On Thursday 24th October 2024, investors and market participants can expect the release of NOV (NYSE: NOV) third quarter financial results. This crucial announcement will be made after market close.
the enterprise is projected to announce an estimated per share $0.36 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $2.23 billion for this period.
During the same quarter of the previous year, the company made public its income of $0.29 per share, which were derived from a quarterly revenue of $2.19 billion.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $8.97 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $1.61 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.57 | +46.2% | 2.22 B | +5.9% |
| Q1 2024 | $0.30 | -6.3% | 2.16 B | +9.8% |
| Q4 2023 | $1.51 | +480.8% | 2.34 B | +13.0% |
| Q3 2023 | $0.29 | +262.5% | 2.19 B | +15.7% |
| Q2 2023 | $0.39 | +116.7% | 2.09 B | +21.2% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 25th October 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
NOV (NOV) experienced a trading range of $15.28 to $15.54, along with a total volume of 3.24 million shares during the day. The stock concluded Tuesday's regular trading session at $15.41, marking decline of 0.45 percent.
