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NOW(DNOW) - 2024 Q2 - Earnings Call Transcript
2024-08-07 21:13
DNOW Inc. (NYSE:DNOW) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Brad Wise - Vice President, Digital Strategy and IR David Cherechinsky - President and CEO Mark Johnson - SVP and CFO Conference Call Participants Nathan Jones - Stifel Jeff Robertson - Water Tower Research Operator Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the DNOW Second Quarter 2024 Earnings Conference Call. [Operator Ins ...
NOW(DNOW) - 2024 Q2 - Quarterly Report
2024-08-07 16:59
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36325 DNOW INC. (Exact name of registrant as specified in its charter) Delaware 46-4191184 (State or other jurisdiction of (I.R.S. Employer incorporation or organi ...
DNOW (DNOW) Q2 Earnings and Revenues Miss Estimates
ZACKS· 2024-08-07 12:57
DNOW (DNOW) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was expected that this energy and industrial distribution company would post earnings of $0.24 per share when it actually produced earnings of $0.21, delivering a surprise of -12.50%. Over the last f ...
NOW(DNOW) - 2024 Q2 - Quarterly Results
2024-08-07 11:03
Exhibit 99.1 DNOW Reports Second Quarter 2024 Results Earnings Conference Call August 7, 2024 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside of North America) Access Code: 7372055 Webcast: ir.dnow.com HOUSTON, TX, August 7, 2024 – DNOW Inc. (NYSE: DNOW) announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights • Revenue was $633 million for the second quarter of 2024 • Net income attributable to DNOW Inc. was $24 million, or $0.21 per dilute ...
DNOW (DNOW) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-06-05 17:01
Investors might want to bet on DNOW (DNOW) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a ...
DNOW: Good Long Term Driven By Energy Transition Projects
seekingalpha.com· 2024-05-23 06:12
baona The Thesis DNOW Inc. (NYSE:DNOW) continued to see double digit decline primarily in its Canada segment as it entered 2024 mainly due to unfavorable weather events during the quarter. However, the delayed project due to weather impact are anticipated to be done in coming quarters of 2024 which should drive the regions sales in going ahead. The activity in the U.S. segment also remains healthy, which along with benefits from addition of Whitco should drive the company's topline in 2024. The longer term ...
DNOW (DNOW) International Revenue Performance Explored
Zacks Investment Research· 2024-05-15 13:40
Have you assessed how the international operations of DNOW (DNOW) performed in the quarter ended March 2024? For this energy and industrial distribution company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects. Prospective Revenues in International Markets Wall Street analysts expect DNOW to report $638 million in total revenue for the current fiscal quarter, indicating an increase of 7.4% from th ...
NOW(DNOW) - 2024 Q1 - Earnings Call Transcript
2024-05-10 17:39
DNOW Inc. (NYSE:DNOW) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Brad Wise - Vice President, Digital Strategy and Investor Relations David Cherechinsky - President and Chief Executive Officer Mark Johnson - Senior Vice President and Chief Financial Officer Conference Call Participants Nathan Jones - Stifel Max Kane - Stephens Jeff Robertson - Water Tower Research Operator Good morning. My name is Ian and I will be your conference operator today. At this time, I would like ...
NOW(DNOW) - 2024 Q1 - Quarterly Report
2024-05-10 17:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Exact name of registrant as specified in its charter) Delaware 46-4191184 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission Fil ...
NOW(DNOW) - 2024 Q1 - Quarterly Results
2024-05-10 11:02
Exhibit 99.1 Earnings Conference Call May 10, 2024 8:00 a.m. CT 1 (888) 660-6431 (within North America) 1 (929) 203-2118 (outside of North America) Access Code: 7372055 Webcast: ir.dnow.com DNOW Reports First Quarter 2024 Results HOUSTON, TX, May 10, 2024 – DNOW Inc. (NYSE: DNOW) announced results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights David Cherechinsky, President and CEO of DNOW, added, "I am incredibly pleased with the progress we made this quarter, generating strong fr ...