Valaris Q2 2024 Adj EPS $2.03 Beats $0.71 Estimate, Sales $610.00M Beat $578.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
Valaris (NYSE:VAL) reported Q2 2024 adjusted EPS of $2.03, significantly beating the analyst estimate of $0.71. The company also reported sales of $610 million, surpassing the $578.12 million estimate.
July 31, 2024 | 9:00 pm
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Valaris reported Q2 2024 adjusted EPS of $2.03, beating the analyst estimate of $0.71 by 185.92%. Sales were $610 million, exceeding the $578.12 million estimate.
Valaris significantly outperformed analyst expectations in both EPS and sales, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100