Noble Corporation PLC (NE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Company Overview - Noble Corporation PLC is expected to report earnings for the quarter ended December 2024 on February 17, 2025, with a consensus EPS estimate of $0.59, reflecting a year-over-year increase of +51.3$859.74 million, which is a 33.7% increase from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] - The Most Accurate Estimate for Noble Corporation is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +5.09%, suggesting a bullish outlook from analysts [10] Historical Performance - In the last reported quarter, Noble Corporation was expected to post earnings of $0.92 per share but only achieved$0.58, resulting in a surprise of -36.96% [12] - Over the past four quarters, the company has only beaten consensus EPS estimates once [13] Industry Context - In the Zacks Oil and Gas - Drilling industry, Nabors Industries is expected to report a loss of $1.86 per share for the same quarter, with a year-over-year change of +51.6$730.4 million, down 1% from the previous year [17] - Nabors Industries has a higher Most Accurate Estimate leading to an Earnings ESP of 53.97%, but its Zacks Rank of 4 (Sell) complicates predictions for beating the consensus EPS estimate [18]