NOV Q3 2024 GAAP EPS $0.33 Misses $0.36 Estimate
Portfolio Pulse from Benzinga Newsdesk
NOV reported Q3 2024 earnings of $0.33 per share, missing the analyst consensus estimate of $0.36 by 8.33%. Despite the miss, this represents a 13.79% increase from the same period last year.
October 24, 2024 | 9:48 pm
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NOV's Q3 2024 earnings per share of $0.33 missed the analyst estimate of $0.36, but showed a year-over-year increase of 13.79%.
The earnings miss is likely to have a negative short-term impact on NOV's stock price as it fell short of analyst expectations. However, the year-over-year increase in earnings may mitigate some of the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100