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

$1.85
-0.07 (-3.65%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
Before Market Opens
Confirmed
Actual EPS
(Feb. 28)
-$0.61 Missed By -$0.15
Consensus EPS
(Feb. 28)
-$0.46
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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($0.65)($0.65)($0.65) 
Q4 20241($0.48)($0.48)($0.48) 
FY 20244($2.59)($2.59)($2.59) 
Q1 20251($0.46)($0.46)($0.46) 
Q2 20251($0.39)($0.39)($0.39) 
Q3 20251($0.32)($0.32)($0.32) 
Q4 20251($0.25)($0.25)($0.25) 
FY 20254($1.42)($1.42) ($1.42)

ICD Earnings Date and Information

Independence Contract Drilling last posted its earnings data on February 28th, 2024. The oil and gas company reported ($0.61) earnings per share for the quarter, missing the consensus estimate of ($0.46) by $0.15. The firm had revenue of $45.83 million for the quarter, compared to analysts' expectations of $43.89 million. Independence Contract Drilling has generated ($2.68) earnings per share over the last year (($2.68) diluted earnings per share). Earnings for Independence Contract Drilling are expected to grow in the coming year, from ($2.59) to ($1.42) per share. Independence Contract Drilling has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024. Independence Contract Drilling will be holding an earnings conference call on Wednesday, May 1st at 12:00 PM Eastern. Interested parties can register for or listen to the call. or dial in at 412-317-0088 with passcode "1527425".

Independence Contract Drilling Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
-------  
2/28/2024Q4 2023($0.46)($0.61)($0.15)$0.62$43.89 million$45.83 million
11/1/2023Q3 2023($0.51)($0.37)+$0.14($0.20)$44.01 million$44.16 million
8/3/2023Q2 2023($0.26)($0.07)+$0.19$0.16$57.60 million$56.36 million
5/9/2023Q1 2023$0.02$0.14+$0.12$0.28$61.08 million$63.76 million
3/2/2023Q4 2022($0.14)($0.01)+$0.13($0.22)$56.98 million$60.26 million
11/1/2022Q3 2022($0.44)($0.35)+$0.09($0.17)$47.10 million$49.15 million
8/4/2022Q2 2022-($0.72)($0.72)($1.23)-$42.31 million
5/5/2022Q1 2022-($0.99)($0.99)($0.90)-$34.99 million    
3/7/2022Q4 2021-($1.35)($1.35)$0.53-$28.56 million    
11/1/2021Q3 2021($1.86)($1.87)($0.01)($3.15)-$24.04 million    
8/3/2021Q2 2021($2.50)($2.18)+$0.32($2.14)-$19.82 million    
5/4/2021Q1 2021($2.63)($2.64)($0.01)($2.70)-$15.54 million    

Independence Contract Drilling Earnings - Frequently Asked Questions

When is Independence Contract Drilling's earnings date?

Independence Contract Drilling has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 2024. Learn more on ICD's earnings history.

Did Independence Contract Drilling beat their earnings estimates last quarter?

In the previous quarter, Independence Contract Drilling (NYSE:ICD) missed the analysts' consensus estimate of ($0.46) by $0.15 with a reported earnings per share (EPS) of ($0.61). Learn more on analysts' earnings estimate vs. ICD's actual earnings.

How much revenue does Independence Contract Drilling generate each year?

Independence Contract Drilling (NYSE:ICD) has a recorded annual revenue of $210.11 million.

How much profit does Independence Contract Drilling generate each year?

Independence Contract Drilling (NYSE:ICD) has a recorded net income of -$37.70 million. ICD has generated -$2.68 earnings per share over the last four quarters.

What is Independence Contract Drilling's EPS forecast for next year?

Independence Contract Drilling's earnings are expected to grow from ($2.59) per share to ($1.42) per share in the next year.


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This page (NYSE:ICD) was last updated on 4/25/2024 by MarketBeat.com Staff

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