NOV Inc (NOV) Tops Q2 EPS by 23c; offers outlook

NOV Inc (NYSE: NOV) reported Q2 EPS of $0.57, $0.23 better than the analyst estimate of $0.34. Revenue for the quarter came in at $2.22 billion versus the consensus estimate of $2.19 billion.

OUTLOOK

For the third quarter management expects year-over-year consolidated revenues to be flat to up in the low- single digit percent range and Adjusted EBITDA to be between $270 million and $305 million. For full year 2024, management anticipates consolidated company revenue growth in the low- to mid-single digit percent range and Adjusted EBITDA to be in the range of $1.10 billion to $1.18 billion.

For earnings history and earnings-related data on NOV Inc (NOV) click here.

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