Earnings Summary

Noble Corp’s revenue jumped 8.51% since last year same period to $692.84Mn in the Q2 2024. On a quarterly growth basis, Noble Corp has generated 8.75% jump in its revenue since last 3-months.

Noble Corp’s net profit jumped 196.29% since last year same period to $195.01Mn in the Q2 2024. On a quarterly growth basis, Noble Corp has generated 104.24% jump in its net profits since last 3-months.

Noble Corp’s net profit margin jumped 173.07% since last year same period to 28.15% in the Q2 2024. On a quarterly growth basis, Noble Corp has generated 87.8% jump in its net profit margins since last 3-months.

Noble Corp’s price-to-earnings ratio after this Q2 2024 earnings stands at 8.13.

Noble Corp’s earning per share (EPS) estimates for the current quarter stand at 0.85 - a 34.92% jump from last quarter’s estimates.

Noble Corp’s earning per share (EPS) estimates for the current year stand at 0.85.

Noble Corp’s earning per share (EPS) jumped 89.47% since last year same period to 0.72 in the Q2 2024. This indicates that the Noble Corp has generated 89.47% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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. Noble Corp’s return on assets (ROA) stands at 0.08.

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. Noble Corp’s return on equity (ROE) stands at 0.16.

Noble Corp declared 0.4 dividend per share during the earnings announcement for Q2 2024.