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

$1.76
-0.05 (-2.76%)
(As of 05/3/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 1Estimated
Actual EPS
(May. 1)
-$0.50 Beat By $0.23
Consensus EPS
(May. 1)
-$0.73
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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 released its quarterly earnings data on May 1st, 2024. The oil and gas company reported ($0.50) EPS for the quarter, beating analysts' consensus estimates of ($0.73) by $0.23. The firm earned $46.64 million during the quarter, compared to the consensus estimate of $41.64 million. Independence Contract Drilling has generated ($3.30) earnings per share over the last year (($3.30) 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 not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off prior year's report dates.

Independence Contract Drilling Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/1/2024
Estimated)
------- 
5/1/2024Q1 2024($0.73)($0.50)+$0.23($0.38)$41.64 million$46.64 million      
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 not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off last year's report dates. 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) reported ($0.50) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.73) by $0.23. Learn more on analysts' earnings estimate vs. ICD's actual earnings.

How can I listen to Independence Contract Drilling's earnings conference call?

The conference call for Independence Contract Drilling's latest earnings report can be listened to online. Listen to Conference Call

How can I read Independence Contract Drilling's conference call transcript?

The conference call transcript for Independence Contract Drilling's latest earnings report can be read online. Read Transcript

How can I view Independence Contract Drilling's earnings report?

Independence Contract Drilling's earnings report can be found in their filing with the SEC. View SEC filing

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 -$3.30 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 5/4/2024 by MarketBeat.com Staff

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