• Borr Drilling Ltd BORR.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of three analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 5 cents to 12 cents per share.

• Revenue rose 19.3% to $263.10 million from a year ago; analysts expected $247.50 million.

• Borr Drilling Ltd's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of $26.3 million.

• Borr Drilling Ltd shares had fallen by 21.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil & gas drilling peer group is also "strong buy"

Wall Street's median 12-month price target for Borr Drilling Ltd is $5.25

This summary was machine generated from LSEG data February 19 at 10:08 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)