Borr Drilling (BORR) Expected to Announce Earnings on Wednesday

Borr Drilling (NYSE:BORR - Get Free Report) is expected to be posting its Q4 2024 quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect Borr Drilling to post earnings of $0.11 per share and revenue of $247.78 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Borr Drilling (NYSE:BORR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.01). The company had revenue of $263.10 million for the quarter, compared to the consensus estimate of $247.78 million. Borr Drilling had a net margin of 8.70% and a return on equity of 8.50%.

Borr Drilling Price Performance

Shares of NYSE BORR traded up $0.09 during midday trading on Thursday, reaching $3.07. 9,242,179 shares of the company traded hands, compared to its average volume of 5,771,517. The firm has a market cap of $774.16 million, a PE ratio of 9.29 and a beta of 2.84. The stock's 50-day simple moving average is $3.58 and its 200-day simple moving average is $4.53. Borr Drilling has a 12 month low of $2.90 and a 12 month high of $7.26. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.41 and a current ratio of 1.41.

Borr Drilling Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.02 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.61%. Borr Drilling's payout ratio is presently 31.25%.

Borr Drilling Company Profile

Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production.