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Compared to Estimates, Nov Inc. (NOV) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2026, Nov Inc. (NOV - Free Report) reported revenue of $2.05 billion, down 2.4% over the same period last year. EPS came in at $0.15, compared to $0.19 in the year-ago quarter.
The reported revenue represents a surprise of +0.16% over the Zacks Consensus Estimate of $2.05 billion. With the consensus EPS estimate being $0.17, the EPS surprise was -12.28%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Nov Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Energy Equipment - Backlog: $4.23 billion compared to the $4.27 billion average estimate based on three analysts.
Energy Equipment - Book-to-Bill: 80% versus the three-analyst average estimate of 88.6%.
Energy Equipment - Orders shipped from backlog: $650 million versus the three-analyst average estimate of $572.13 million.
Energy Equipment - New orders booked: $520 million versus the three-analyst average estimate of $506.83 million.
Revenue- Energy Products and Services: $897 million versus $917.76 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -9.6% change.
Revenue- Eliminations: $-35 million compared to the $-43.88 million average estimate based on five analysts. The reported number represents a change of 0% year over year.
Revenue- Energy Equipment: $1.19 billion compared to the $1.18 billion average estimate based on five analysts. The reported number represents a change of +3.8% year over year.
Adjusted EBITDA- Eliminations and corporate costs: $-50 million versus the five-analyst average estimate of $-56.08 million.
Adjusted EBITDA- Energy Equipment: $131 million compared to the $145.27 million average estimate based on five analysts.
Adjusted EBITDA- Energy Products and Services: $96 million versus the five-analyst average estimate of $109.15 million.
Shares of Nov Inc. have returned +3.1% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Nov Inc. (NOV) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2026, Nov Inc. (NOV - Free Report) reported revenue of $2.05 billion, down 2.4% over the same period last year. EPS came in at $0.15, compared to $0.19 in the year-ago quarter.
The reported revenue represents a surprise of +0.16% over the Zacks Consensus Estimate of $2.05 billion. With the consensus EPS estimate being $0.17, the EPS surprise was -12.28%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Nov Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Nov Inc. here>>>
Shares of Nov Inc. have returned +3.1% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.