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Borr Drilling Q1 2024 GAAP EPS $0.06 Misses $0.14 Estimate, Sales $234.000M Beat $230.000M Estimate

Benzinga ·  May 23 19:51

Borr Drilling (NYSE:BORR) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.14 by 57.14 percent. This is a 300 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $234.000 million which beat the analyst consensus estimate of $230.000 million by 1.74 percent. This is a 36.05 percent increase over sales of $172.000 million the same period last year.

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