NOV(NOV) ZACKS·2025-04-21 15:06Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Nov Inc. due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Nov Inc. is expected to report quarterly earnings of 2.1 billion, down 2.6% from the previous year [3]. - The consensus EPS estimate has been revised 2.09% lower in the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4%, complicating predictions for an earnings beat [10][11]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which increases the likelihood of a positive surprise [8]. Historical Performance - In the last reported quarter, Nov Inc. exceeded expectations by delivering earnings of 0.35, resulting in a surprise of +17.14% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Market Reaction Considerations - An earnings beat or miss alone may not dictate stock movement, as other factors can influence investor sentiment [14]. - Despite not appearing as a compelling earnings-beat candidate, other factors should be considered when evaluating the stock ahead of its earnings release [16].