DNOW Stock Recent News

DNOW Inc. (NYSE:DNOW ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Brad Wise - Vice President, Digital Strategy and IR David Cherechinsky - President and CEO Mark Johnson - SVP and CFO Conference Call Participants Nathan Jones - Stifel Jeff Robertson - Water Tower Research Operator Good morning. My name is Rob, and I will be your conference operator today.

DNOW (DNOW) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.25 per share a year ago.

NEW YORK, NY / ACCESSWIRE / July 18, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of ServiceNow, Inc. ("ServiceNow") (NYSE:NOW) concerning possible violations of federal securities laws. On July 8, 2024, Guggenheim downgraded ServiceNow to Sell from Neutral, opining that the Company's apparent expectations with respect to generative artificial intelligence business in the second half of 2024 were overly optimistic and that ServiceNow was overpriced relative to the future risks that the Company faces.

OUSTON--(BUSINESS WIRE)--DNOW Inc. (NYSE:DNOW) has scheduled a conference call to discuss the results for the second quarter of 2024 on Wednesday, August 7, 2024 at 8:00 am (US Central Time). Financial results for the second quarter ending on June 30, 2024 are expected to be released that morning before the market opens.

AGRO, ODP and HHS made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 28, 2024.

Here is how DNOW (DNOW) and Luxfer (LXFR) have performed compared to their sector so far this year.

We have screened bargain stocks MHO, DNOW, FSM, ODP and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

DNOW (DNOW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

DNOW Inc's Canada segment saw a double-digit decline in Q1 2024 due to unfavorable weather events, but delayed projects are expected to drive sales in the future. The U.S. segment remains strong, and the addition of Whitco Supply should boost the company's overall revenue in 2024. DNOW's long-term margin outlook is promising, with expected volume growth and a focus on operational efficiencies and margin expansion.

DNOW is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.