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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.35Last Year’s EPS
1.61Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented a strong financial and operational performance with significant contract awards and a robust outlook for offshore drilling demand, despite some challenges in maintaining continuous operations and near-term commodity price uncertainties.Company Guidance
Strong Financial Performance
Valaris delivered a strong quarter with adjusted EBITDA of $163 million and free cash flow of $237 million, supported by solid operational performance and a fleet-wide revenue efficiency of 95%.
Significant Contract Awards
Valaris secured nearly $200 million in new contracts and extensions since the second quarter, adding $2.2 billion in contract backlog year-to-date with a total backlog now standing at $4.5 billion.
Successful Fleet Management
The sale of the 27-year-old jack-up VALARIS 247 for $108 million in cash and strategic warm stacking of rigs in Malaysia demonstrate disciplined fleet management.
Robust Offshore Drilling Demand
Valaris continues to see a strong pipeline of deepwater opportunities and is in advanced discussions for contracts scheduled to complete in the second half of 2026.
Safety Milestones and Recognition
Valaris achieved significant safety milestones across its fleet, with several rigs marking recordable-free periods, and received recognition from the Center for Offshore Safety for its initiatives.
VAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $102.52 | $92.81 | -9.47% |
Feb 19, 2026 | $92.49 | $95.75 | +3.52% |
Oct 29, 2025 | $56.46 | $57.70 | +2.20% |
Jul 30, 2025 | $48.69 | $48.63 | -0.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Valaris Ltd (VAL) report earnings?
Valaris Ltd (VAL) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Valaris Ltd (VAL) earnings time?
Valaris Ltd (VAL) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VAL EPS forecast?
VAL EPS forecast for the fiscal quarter 2026 (Q2) is 0.35.