Nov Inc. (NOV) Reports Next Week: Wall Street Expects Earnings Growth

Group 1 - Nov Inc. (NOV) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.41, reflecting a change of +57.7% [2] - Revenues for Nov Inc. are anticipated to be $2.26 billion, which is a 9.1% increase from the previous year [2] - The consensus EPS estimate has been revised 2.52% lower in the last 30 days, indicating a bearish sentiment among analysts [2][5] Group 2 - The Most Accurate Estimate for Nov Inc. is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4.69%, suggesting a challenging outlook for beating earnings expectations [5][6] - Nov Inc. holds a Zacks Rank of 3, which indicates a neutral position in terms of investment recommendation [5] - Historical performance shows that Nov Inc. has beaten consensus EPS estimates three out of the last four quarters, although it missed the last quarter's estimate by -17.14% [7] Group 3 - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a strong Zacks Rank [4] - Stocks with a combination of positive Earnings ESP and a strong Zacks Rank have a nearly 70% success rate in delivering positive surprises [4] - The predictive power of Earnings ESP is significant primarily for positive readings, making it a useful tool for investors [3]