Noble Reports $0.57 Q3 EPS Loss Despite Revenue Beat
Key Facts
Noble Corporation reported a Non-GAAP EPS loss of $0.57 for the third quarter of 2026, missing analyst estimates by $0.80. Seeking Alpha reported that the company's revenue reached $729 million, surpassing expectations by $16.25 million despite the earnings miss.
NE closed at $47.7 on October 23, 2026, with the stock trading between a low of $43.87 and a high of $47.82 during that session. Following these results, the company narrowed its full-year 2026 revenue guidance to a range of $2,850 million to $2,900 million.
Latest Updates · 2
- Notable·
Update: Noble Corp's quarterly results included an 8.7% year-over-year decline in sales during the third quarter of 2026. This annual decrease occurred despite total revenue surpassing analyst estimates for the same period.
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Update: Noble's revenue declined 8.7% year-on-year during the third quarter of 2026. Additionally, adjusted EBITDA reached $200.9 million, which fell short of analyst expectations.