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Independence Contract Drilling (ICD) Earnings Date, Estimates & Call Transcripts

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Independence Contract Drilling Latest Earnings Summary

Latest
Earnings Date
Aug. 7Estimated
Actual EPS
(Aug. 7)
-$0.73 Beat By $0.03
Consensus EPS
(Aug. 7)
-$0.76

Independence Contract Drilling announced Q2 2024 earnings on August 7, 2024, reporting an EPS of -$0.73, which beat analysts' consensus estimates of -$0.76 by $0.03. Quarterly revenue was reported to be $43.33 million, above analyst estimates of $41.86 million. With a trailing EPS of -$3.30, Independence Contract Drilling's earnings are expected to grow next year, from ($2.54) to ($1.56) per share.

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ICD Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ICD Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Independence Contract Drilling Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241-$0.73-$0.73-$0.73 
Q2 20241-$0.73-$0.73-$0.73 
Q3 20241-$0.94-$0.94-$0.94 
Q4 20241-$0.64-$0.64-$0.64 
FY 20244-$3.04-$3.04-$3.04 
Q1 20251-$0.64-$0.64-$0.64 
Q2 20251-$0.60-$0.60-$0.60 
Q3 20251-$0.58-$0.58-$0.58 
Q4 20251-$0.55-$0.55-$0.55 
FY 20254($2.37)($2.37) ($2.37)

Independence Contract Drilling Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
8/7/2024--$0.76-$0.73+$0.03-$0.31$41.86M$43.33M
5/1/2024Q1 2024-$0.73-$0.50+$0.23-$0.38$41.64M$46.64M      
2/28/2024Q4 2023-$0.46-$0.61 -$0.15$0.62$43.89M$45.83M
11/1/2023Q3 2023-$0.51-$0.37+$0.14-$0.20$44.01M$44.16M
8/3/2023Q2 2023-$0.26-$0.07+$0.19$0.16$57.60M$56.36M
5/9/2023Q1 2023$0.02$0.14+$0.12$0.28$61.08M$63.76M
3/2/2023Q4 2022-$0.14-$0.01+$0.13-$0.22$56.98M$60.26M

Independence Contract Drilling Earnings - Frequently Asked Questions

Independence Contract Drilling (NYSE:ICD) last announced its quarterly earning data on Wednesday, August 7, 2024. Learn more on ICD's earnings history.

In the previous quarter, Independence Contract Drilling (NYSE:ICD) reported ($0.73) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.76) by $0.03. Learn more on analysts' earnings estimate vs. ICD's actual earnings.

Independence Contract Drilling (NYSE:ICD) has a recorded annual revenue of $179.96 million.

Independence Contract Drilling (NYSE:ICD) has a recorded net income of -$37.70 million. ICD has generated -$3.30 earnings per share over the last four quarters.

Independence Contract Drilling's earnings are expected to grow from ($2.54) per share to ($1.56) per share in the next year.

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This page (NYSE:ICD) was last updated on 11/13/2024 by MarketBeat.com Staff
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