These Analysts Lower Their Forecasts On NOV Following Q3 Results

NOV Inc. NOV posted weak results for the third quarter, after the closing bell on Thursday. NOV reported quarterly sales of $2.19 billion which missed the analyst consensus estimate of $2.23 billion. The company reported quarterly earnings of 33 cents per share which missed the analyst consensus estimate of 36 cents per share. "During the third quarter of 2024, NOV continued to improve cash flow, backlog, prolitability and margins compared to the prior year," stated Clay Williams, Chairman, President, and C ...