NOV(US:NOV) ZACKS·2025-02-05 01:30Core Insights - Nov Inc. reported revenue of $2.31 billion for the quarter ended December 2024, a decrease of 1.5% year-over-year, with EPS at $0.41 compared to $0.54 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $2.24 billion by 3.19%, while the EPS surpassed the consensus estimate of $0.35 by 17.14% [1] Financial Performance Metrics - Nov Inc.'s shares have returned -3.3% over the past month, underperforming the Zacks S&P 500 composite's +1% change, and currently holds a Zacks Rank 5 (Strong Sell) [3] - Energy Equipment backlog was reported at $4.43 billion, slightly below the estimated $4.52 billion [4] - New orders booked in Energy Equipment totaled $757 million, exceeding the average estimate of $659.37 million [4] - Orders shipped from backlog in Energy Equipment amounted to $628 million, surpassing the estimated $614.70 million [4] - The Book-to-Bill ratio for Energy Equipment was 121%, higher than the average estimate of 112.3% [4] - Revenue from Energy Products and Services was $1.06 billion, above the average estimate of $1.04 billion [4] - Revenue from Eliminations was reported at -$39 million, worse than the average estimate of -$32.65 million, reflecting a year-over-year change of -22% [4] - Revenue from Energy Equipment reached $1.29 billion, exceeding the average estimate of $1.23 billion [4] - Adjusted EBITDA for Eliminations and corporate costs was -$56 million, compared to the average estimate of -$47 million [4] - Adjusted EBITDA for Energy Equipment was $185 million, surpassing the average estimate of $160.06 million [4] - Adjusted EBITDA for Energy Products and Services was $173 million, slightly below the average estimate of $179.19 million [4]