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Subsea 7 (SUBCY) to Release Earnings on Thursday

Subsea 7 logo with Oils/Energy background
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Subsea 7 (OTCMKTS:SUBCY - Get Free Report) will likely be posting its Q4 2024 quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Subsea 7 to post earnings of $0.22 per share and revenue of $1.81 billion for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Subsea 7 (OTCMKTS:SUBCY - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The energy company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.15). The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.81 billion. Subsea 7 had a return on equity of 2.37% and a net margin of 1.63%. On average, analysts expect Subsea 7 to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Subsea 7 Price Performance

OTCMKTS SUBCY traded down $0.52 during trading on Friday, hitting $15.26. 17,586 shares of the company's stock were exchanged, compared to its average volume of 5,667. The company has a market cap of $4.61 billion, a PE ratio of 76.30 and a beta of 1.71. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 0.16. The stock's 50 day moving average price is $16.53 and its two-hundred day moving average price is $16.56. Subsea 7 has a fifty-two week low of $14.45 and a fifty-two week high of $19.60.

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About Subsea 7

(Get Free Report)

Subsea 7 SA delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore.

Further Reading

Earnings History for Subsea 7 (OTCMKTS:SUBCY)

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