Nov Inc. (NOV) Reports Q2 Earnings: What Key Metrics Have to Say
NOVNOV(NOV) ZACKS·2024-07-26 09:00

Nov Inc. (NOV) reported 2.22billioninrevenueforthequarterendedJune2024,representingayear−over−yearincreaseof5.92.22 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.9%. EPS of 0.57 for the same period compares to 0.39ayearago.Thereportedrevenuerepresentsasurpriseof+1.980.39 a year ago.The reported revenue represents a surprise of +1.98% over the Zacks Consensus Estimate of 2.17 billion. With the consensus EPS estimate being $0.35, the EPS surprise was +62.86%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...