Core Viewpoint - NOV Inc. is expected to report second-quarter 2025 results on July 28, 2025, with earnings estimated at 30 cents per share and revenues at $2.1 billion, reflecting a year-over-year decline in both metrics [1][9]. Group 1: Recent Performance - In the last reported quarter, NOV missed the consensus earnings estimate, reporting adjusted earnings per share of 19 cents against an expected 25 cents, while revenues were $2.1 billion, a slight increase of 0.2% from the consensus [2]. - Over the trailing four quarters, NOV has beaten the Zacks Consensus Estimate twice and missed twice, with an average surprise of 12.6% [3]. Group 2: Revenue and Cost Expectations - The Zacks Consensus Estimate predicts a revenue decline for the second quarter, projecting revenues to decrease from $2.2 billion in the previous year to $2.1 billion [5][9]. - The Energy Products and Services segment is expected to generate revenues of $966 million, down from $1,050 million in the year-ago period, while the cost of goods sold is projected to rise to $1,674.8 million, indicating a 3% increase from the previous year [5][9]. Group 3: Segment Performance - Revenues from the Energy Equipment segment are anticipated to reach $1,216.6 million, an increase from $1,204 million in the year-ago period, with a strong backlog expected to rise by 13.1% year-over-year [6]. Group 4: Earnings Prediction Model - The Zacks model does not predict an earnings beat for NOV this quarter, as the Earnings ESP is -5.38%, and the company currently holds a Zacks Rank of 5 (Strong Sell) [7][8].

NOV Inc. (NOV) is set to release first-quarter 2025 results on April 28, 2025. The Zacks Consensus Estimate for earnings is pegged at 25 cents per share and the same for revenues is pinned at $2.10 billion.Let us delve into the factors that are likely to have influenced the oilfield service provider’s performance in the to-be-reported quarter. But first, it is worth taking a look at NOV’s performance in the last reported quarter.Highlights of NOV’s Q4 Earnings & Surprise HistoryIn the last reported quarter, ...