NOW Inc (NYSE:DNOW) – Investment analysts at Capital One Financial upped their FY2019 earnings per share estimates for shares of NOW in a research report issued to clients and investors on Wednesday, November 6th. Capital One Financial analyst L. Lemoine now forecasts that the oil and gas company will post earnings of $0.33 per share for the year, up from their prior forecast of $0.32. Capital One Financial currently has a “Overweight” rating and a $16.00 target price on the stock. NOW (NYSE:DNOW) last released its quarterly earnings results on Wednesday, November 6th. The oil and gas company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.02. NOW had a return on equity of 4.13% and a net margin of 2.16%. The business had revenue of $751.00 million during the quarter, compared to analyst estimates of $764.07 million. During the same quarter last year, the company posted $0.15 EPS. NOW’s revenue for the quarter was down 8.6% on a year-over-year basis. Other equities analysts have also issued research reports about the company. Zacks Investment Research upgraded NOW from a “sell” rating to a “hold” rating in a research report on Friday, […]
