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Market Impact: 0.35

Nov Inc. (NOV) Lags Q1 Earnings Estimates

NOV
Corporate EarningsCompany FundamentalsAnalyst Estimates

Nov Inc. reported quarterly EPS of $0.15, missing the Zacks Consensus Estimate of $0.17 by $0.02 per share, or about 12%. Earnings also declined from $0.19 per share a year ago, indicating softer year-over-year profitability. The miss is a modest negative for the stock and likely to influence near-term sentiment.

Analysis

Nov Inc. reported quarterly EPS of $0.15, missing the Zacks Consensus Estimate of $0.17 by $0.02 per share, or about 12%. Earnings also declined from $0.19 per share a year ago, indicating softer year-over-year profitability. The miss is a modest negative for the stock and likely to influence near-term sentiment.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

NOV-0.72