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NOW Inc. (NYSE:DNOW ) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Brad Wise - VP of Digital Strategy and IR David Cherechinsky - President and CEO Mark Johnson - SVP and CFO Conference Call Participants Thomas Moll - Stephens Inc. Douglas Becker - Capital One Adam Farley - Stifel Jeffrey Robertson - Water Tower Research Operator Good morning, afternoon, evening. My name is Bhavesh, and I'll be your conference operator today.
Now (DNOW) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.14 per share a year ago.
Energy companies like NOW Inc. (DNOW), Par Pacific Holdings (PARR) and Sunoco LP (SUN) see solid gains in 2023.
Now (DNOW) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Now (DNOW) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Now (DNOW) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
NOW Inc. (NYSE:DNOW ) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Brad Wise - VP of Digital Strategy and IR David Cherechinsky - President and CEO Mark Johnson - SVP and CFO Conference Call Participants Cole Couzens - Stephens Nathan Jones - Stifel Jeff Robertson - Water Tower Research Operator Welcome to NOW Inc. Fourth Quarter 2022 Earnings Conference Call. My name is Adam, and I'll be the operator for today's call.
Higher upstream activities are leading to improvement in demand for drilling & production equipment, thereby brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are NOW (DNOW), Dril-Quip (DRQ) and Oil States (OIS).
HOUSTON--( BUSINESS WIRE )--NOW Inc. (NYSE:DNOW) has scheduled a conference call to discuss the results for the fourth quarter and full-year 2022 on Thursday, February 16, 2023 at 8:00 am (US Central Time). Financial results for the fourth quarter and the year ending December 31, 2022 are expected to be released that morning before the market opens.
Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Clearfield (CLFD), DHT, AerSale (ASLE), Leonardo DRS (DRS) and NOW (DNOW).