Noble (NE) Set to Announce Earnings on Wednesday
Noble (NYSE:NE) is scheduled to announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.42) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Noble (NYSE:NE) last released its quarterly earnings data on Wednesday, February 20th. The oil and gas company reported ($0.36) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.41) by $0.05. The company had revenue of $309.90 million for the quarter, compared to analyst estimates of $289.04 million. Noble had a negative return on equity of 9.16% and a negative net margin of 81.74%. The firm’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.29) earnings per share. On average, analysts expect Noble to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
NYSE NE opened at $3.08 on Wednesday. The firm has a market cap of $756.06 million, a price-to-earnings ratio of -1.67 and a beta of 2.67. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.83. Noble has a fifty-two week low of $2.35 and a fifty-two week high of $7.44.
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Noble Company Profile
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services using mobile offshore drilling units. As of December 31, 2018, the company operated a fleet of 24 drilling rigs consisted of 8 drill ships, 4 semisubmersibles, and 12 jack ups.
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