For the quarter ended December 2024, Nov Inc. (NOV) reported income of $2.31 billion, down 1.5% over the identical interval final 12 months. EPS got here in at $0.41, in comparison with $0.54 within the year-ago quarter.
The reported income represents a shock of +3.19% over the Zacks Consensus Estimate of $2.24 billion. With the consensus EPS estimate being $0.35, the EPS shock was +17.14%.
Whereas buyers intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s worth efficiency extra precisely.
Right here is how Nov Inc. carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Power Tools – Backlog: $4.43 billion versus $4.52 billion estimated by three analysts on common.
- Power Tools – New orders booked: $757 million versus the three-analyst common estimate of $659.37 million.
- Power Tools – Orders shipped from backlog: $628 million versus $614.70 million estimated by three analysts on common.
- Power Tools – Guide-to-Invoice: 121% in comparison with the 112.3% common estimate based mostly on two analysts.
- Income- Power Merchandise and Companies: $1.06 billion versus the seven-analyst common estimate of $1.04 billion.
- Income- Eliminations: -$39 million versus the seven-analyst common estimate of -$32.65 million. The reported quantity represents a year-over-year change of -22%.
- Income- Power Tools: $1.29 billion versus the seven-analyst common estimate of $1.23 billion.
- Adjusted EBITDA- Eliminations and company prices: -$56 million in comparison with the -$47 million common estimate based mostly on six analysts.
- Adjusted EBITDA- Power Tools: $185 million in comparison with the $160.06 million common estimate based mostly on six analysts.
- Adjusted EBITDA- Power Merchandise and Companies: $173 million in comparison with the $179.19 million common estimate based mostly on six analysts.
View all Key Company Metrics for Nov Inc. here>>>
Shares of Nov Inc. have returned -3.3% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory presently has a Zacks Rank #5 (Sturdy Promote), indicating that it may underperform the broader market within the close to time period.
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
