Published on 9 Mar 2023 on Simply Wall St. via Yahoo Finance
Independence Contract Drilling, Inc. (NYSE:ICD) Analysts Are Cutting Their Estimates: Here's What...
A week ago, Independence Contract Drilling, Inc. (NYSE:ICD) came out with a strong set of yearly numbers that could potentially lead to a re-rate of the stock. Revenues and losses per share both beat expectations, with revenues of US$187m leading estimates by 2.1%. Statutory losses were somewhat smaller thanthe analysts expected, coming in at US$5.01 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Check out our latest analysis for Independence Contract Drilling
