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Valaris Q1 2024 Earnings Report

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$40.66 +1.40 (+3.57%)
As of 03:59 PM Eastern
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Valaris EPS Results

Actual EPS
$0.35
Consensus EPS
$0.40
Beat/Miss
Missed by -$0.05
One Year Ago EPS
N/A

Valaris Revenue Results

Actual Revenue
$525.00 million
Expected Revenue
$503.00 million
Beat/Miss
Beat by +$22.00 million
YoY Revenue Growth
N/A

Valaris Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

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Valaris Earnings Headlines

Elon Tax Shock?
Elon Musk's DOGE agents have some very strange plans for the IRS... Recently, it emerged that our tax authorities have bought a powerful new AI supercomputer, worth millions of dollars. It's the most advanced technology offered by AI giant Nvidia. And it's almost certainly going to be used to advance Elon Musk's real agenda with DOGE... the massive, rapid roll out of AI across the entire federal government.
Valaris Limited put volume heavy and directionally bearish
Valaris price target lowered to $44 from $48 at Citi
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About Valaris

Valaris (NYSE:VAL), together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.

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