Noble Corporation PLC reports results for the quarter ended March 31 - Earnings Summary

Reuters
29 Apr
Noble Corporation <a href="https://laohu8.com/S/PLC">PLC</a> reports results for the quarter ended March 31 - Earnings Summary
  • Noble Corporation PLC NE.N reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of nine analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 31 cents to 70 cents per share.

  • Revenue rose 37.3% to $874.49 million from a year ago; analysts expected $858.09 million.

  • Noble Corporation PLC's reported EPS for the quarter was 67 cents​.

  • The company reported quarterly net income of $108.3 million.

  • Noble Corporation PLC shares had fallen by 11.4% this quarter and lost 33.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 36.5% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas drilling peer group is also "buy"

  • Wall Street's median 12-month price target for Noble Corporation PLC is $34.00

This summary was machine generated from LSEG data April 28 at 09:01 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

Mar. 31 2025

0.42

0.26

Missed

Dec. 31 2024

0.63

0.56

Missed

Sep. 30 2024

0.81

0.58

Missed

Jun. 30 2024

0.63

0.72

Beat

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