Valaris Ltd Earnings logo

VAL

Valaris Ltd Earnings

$41.22

Earnings Summary

Revenue
$643.1Mn
Net Profits
$64.6Mn
Net Profit Margins
10.05%
PE Ratio
2.85
Highlights
Revenue:

Valaris Ltd’s revenue jumped 41.31% since last year same period to $643.1Mn in the Q3 2024. On a quarterly growth basis, Valaris Ltd has generated 5.41% jump in its revenue since last 3-months.

Net Profits:

Valaris Ltd’s net profit jumped 400.78% since last year same period to $64.6Mn in the Q3 2024. On a quarterly growth basis, Valaris Ltd has generated -56.82% fall in its net profits since last 3-months.

Net Profit Margins:

Valaris Ltd’s net profit margin jumped 254.38% since last year same period to 10.05% in the Q3 2024. On a quarterly growth basis, Valaris Ltd has generated -59.03% fall in its net profit margins since last 3-months.

PE Ratio:

Valaris Ltd’s price-to-earnings ratio after this Q3 2024 earnings stands at 2.85.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Valaris Ltd post its latest quarter earnings
EPS Estimate Current Quarter
1.04
EPS Estimate Current Year
1.04
Highlights
EPS Estimate Current Quarter:

Valaris Ltd’s earning per share (EPS) estimates for the current quarter stand at 1.04 - a 46.48% jump from last quarter’s estimates.

EPS Estimate Current Year:

Valaris Ltd’s earning per share (EPS) estimates for the current year stand at 1.04.

Key Ratios

Key ratios of the Valaris Ltd post its Q3 2024 earnings
Earning Per Share (EPS)
0.88
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.64
Highlights
Earning Per Share (EPS):

Valaris Ltd’s earning per share (EPS) jumped 417.65% since last year same period to 0.88 in the Q3 2024. This indicates that the Valaris Ltd has generated 417.65% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Valaris Ltd’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Valaris Ltd’s return on equity (ROE) stands at 0.64.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
0.05
0.35
600%
2024-10-31
1.04
0.88
-15.38%
2024-08-01
0.71
2.03
185.92%