Borr Drilling: Q4 Earnings Insights

 

Borr Drilling BORR reported its Q4 earnings results on Wednesday, February 16, 2022 at 09:00 AM.

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Here's what investors need to know about the announcement.

Earnings

Borr Drilling missed estimated earnings by 41.67%, reporting an EPS of $-0.34 versus an estimate of $-0.24.

Revenue was up $8.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03, which was followed by a 18.1% increase in the share price the next day.

Here's a look at Borr Drilling's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.15 -0.19 -0.25 -0.29
EPS Actual -0.12 -0.22 -0.23 -0.22
Revenue Estimate 89.80M 78.40M 64.30M 82.70M
Revenue Actual 73.00M 54.80M 48.40M 60.20M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsNewsBZI-Recaps
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