Valaris (NYSE:VAL – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Thursday, August 1st. Analysts expect Valaris to post earnings of $0.96 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Valaris (NYSE:VAL – Get Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.05). Valaris had a net margin of 44.93% and a return on equity of 3.81%. The company had revenue of $525.00 million for the quarter, compared to the consensus estimate of $503.00 million. On average, analysts expect Valaris to post $4 EPS for the current fiscal year and $11 EPS for the next fiscal year.
Valaris Stock Down 0.7 %
Shares of NYSE VAL opened at $77.43 on Wednesday. Valaris has a 12 month low of $60.06 and a 12 month high of $81.97. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 6.77 and a beta of 1.21. The business has a 50-day moving average of $74.82 and a 200-day moving average of $71.00.
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Valaris Company Profile
Valaris Limited, together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs.
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