Noble Corporation PLC (NYSE:NE) Earnings Preview
From Financial Modeling Prep: 2025-02-14 05:00:03
Noble Corporation PLC (NYSE:NE) is set to reveal quarterly earnings on February 17, 2025, with analysts predicting an EPS of $0.69 and revenue around $871.8 million. NE competes in offshore drilling against industry giants like Transocean and Seadrill.
The expected increase in earnings for Q4 2024 is linked to higher revenues, with analysts forecasting NE to report $0.69 per share. Outperforming predictions could boost the stock price, while underperformance might lead to a decline.
NE’s financial metrics include a P/E ratio of 8.84, reflecting the market’s assessment of its earnings. The Debt-to-Equity ratio stands at 0.42, showcasing the balance between debt and equity in financing assets.
With a Current Ratio of 1.57, NE shows its ability to cover short-term liabilities with assets. Investors await management’s insights during the earnings call to gauge future prospects and potential price shifts.
Read more at Financial Modeling Prep:: Noble Corporation PLC (NYSE:NE) Earnings Preview