NOV NOV reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:00 PM.
Here's what investors need to know about the announcement.
Earnings
NOV beat estimated earnings by 350.0%, reporting an EPS of $0.18 versus an estimate of $0.04.
Revenue was up $310.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.63% drop in the share price the next day.
Here's a look at NOV's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.04 | -0.09 | -0.13 |
| EPS Actual | -0.01 | -0.10 | -0.09 | -0.03 |
| Revenue Estimate | 1.42B | 1.46B | 1.42B | 1.38B |
| Revenue Actual | 1.55B | 1.52B | 1.34B | 1.42B |
To track all earnings releases for NOV visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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