Archer Future Growth

Future criteria checks 4/6

Archer is forecast to grow earnings and revenue by 102.1% and 11.1% per annum respectively. EPS is expected to grow by 91% per annum. Return on equity is forecast to be 18.3% in 3 years.

Key information

102.1%

Earnings growth rate

91.0%

EPS growth rate

Energy Services earnings growth	11.0%
Revenue growth rate	11.1%
Future return on equity	18.3%
Analyst coverage	Low
Last updated	04 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:8SW - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,387	47	61	113	2
12/31/2025	1,354	37	45	99	3
12/31/2024	1,286	3	-29	71	1
9/30/2024	1,061	1	13	82	N/A
6/30/2024	1,026	-4	1	63	N/A
3/31/2024	1,011	-21	-12	40	N/A
12/31/2023	977	-28	3	56	N/A
9/30/2023	943	-20	-4	41	N/A
6/30/2023	905	-19	26	65	N/A
3/31/2023	854	-22	43	80	N/A
12/31/2022	823	10	11	42	N/A
9/30/2022	816	-19	46	73	N/A
6/30/2022	812	-28	17	50	N/A
3/31/2022	815	-7	16	48	N/A
12/31/2021	813	-15	19	53	N/A
9/30/2021	788	1	-7	31	N/A
6/30/2021	742	-2	15	43	N/A
3/31/2021	702	42	39	68	N/A
12/31/2020	715	-7	38	70	N/A
9/30/2020	737	-6	55	87	N/A
6/30/2020	780	-50	12	58	N/A
3/31/2020	831	-93	-10	36	N/A
12/31/2019	834	-48	1	42	N/A
9/30/2019	839	-108	8	43	N/A
6/30/2019	829	-45	32	57	N/A
3/31/2019	820	-56	20	44	N/A
12/31/2018	811	-53	12	37	N/A
9/30/2018	803	-19	14	33	N/A
6/30/2018	810	-30	N/A	19	N/A
3/31/2018	801	90	N/A	16	N/A
12/31/2017	790	63	N/A	13	N/A
9/30/2017	796	38	N/A	-1	N/A
6/30/2017	794	0	N/A	-1	N/A
3/31/2017	800	-158	N/A	22	N/A
12/31/2016	818	-162	N/A	34	N/A
9/30/2016	865	-200	N/A	16	N/A
6/30/2016	972	-185	N/A	23	N/A
3/31/2016	1,067	-161	N/A	26	N/A
12/31/2015	1,233	-123	N/A	39	N/A
9/30/2015	892	-70	N/A	70	N/A
6/30/2015	1,146	-29	N/A	133	N/A
3/31/2015	1,375	-19	N/A	125	N/A
12/31/2014	1,478	-38	N/A	137	N/A
9/30/2014	2,060	-434	N/A	144	N/A
6/30/2014	2,001	-459	N/A	105	N/A
3/31/2014	1,960	-482	N/A	129	N/A
12/31/2013	1,944	-509	N/A	72	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8SW's forecast earnings growth (102.1% per year) is above the savings rate (0.8%).

Earnings vs Market: 8SW's earnings (102.1% per year) are forecast to grow faster than the German market (20.1% per year).

High Growth Earnings: 8SW's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8SW's revenue (11.1% per year) is forecast to grow faster than the German market (5.5% per year).

High Growth Revenue: 8SW's revenue (11.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8SW's Return on Equity is forecast to be low in 3 years time (18.3%).

Archer Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Archer Limited Provides Earnings Guidance for 2023

Archer Limited Reiterates Earnings Guidance for the Fiscal Year 2022

Archer Limited Provides Earnings Guidance for the Fourth Quarter of 2021 and Full Year 2022

Forecast to breakeven in 2021

Recent updates

Third quarter 2024 earnings released: EPS: US$0.038 (vs US$0.038 loss in 3Q 2023)

Archer Limited (OB:ARCH) entered into an agreement to acquire Wellbore Fishing & Rental Tools, LLC for $51 million.

Second quarter 2024 earnings released: EPS: US$0.015 (vs US$0.27 loss in 2Q 2023)

Archer Limited (OB:ARCH) agreed to acquire an additional 10% stake in Iceland Drilling Company Ltd from Kaldbakur ehf. for $2.5 million.

Chief Executive Officer recently bought €24k worth of stock

Archer Limited (OB:ARCH) entered into an agreement to acquire Moreld Ocean Wind from Remold Invest AS.

First quarter 2024 earnings released: US$0.007 loss per share (vs US$1.41 loss in 1Q 2023)

Archer Limited (OB:ARCH) agreed to acquire 65% stake in Vertikal Service As for NOK 25 million.

Full year 2023 earnings released: US$0.022 loss per share (vs US$0.066 profit in FY 2022)

New minor risk - Profitability

Archer Limited Provides Earnings Guidance for 2023

Second quarter 2023 earnings released: US$0.011 loss per share (vs US$0.13 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.056 loss per share (vs US$0.093 profit in 1Q 2022)

Archer Limited Announces Board Appointments

Archer Limited Approves to Elect Arne Sigve Nylund as a Director

Full year 2022 earnings released: EPS: US$0.066 (vs US$0.10 loss in FY 2021)

Archer Limited to Report First Half, 2023 Results on Aug 18, 2023

Archer Limited (OB:ARCH) acquired Romar-Abrado for an enterprise value of $8 million.

Archer Limited (OB:ARCH) completed the acquisition of 50% stake in Iceland Drilling Company Ltd for $8.3 million.

Second quarter 2022 earnings released: US$0.13 loss per share (vs US$0.011 profit in 2Q 2021)

Archer Limited Reiterates Earnings Guidance for the Fiscal Year 2022

Archer Limited (OB:ARCH) signed an agreement to acquire 50% stake in Iceland Drilling Company Ltd for $8.3 million.

Archer Limited Announces the Resignation of Kjell-Erik Østdahl as Chairman and Member of the Board

First quarter 2022 earnings released: EPS: US$0.093 (vs US$0.041 in 1Q 2021)

Full year 2021 earnings released: US$0.10 loss per share (vs US$0.051 loss in FY 2020)

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Archer Limited Reports Impairment for the Fourth Quarter Ended December 31, 2021

Archer Limited Provides Earnings Guidance for the Fourth Quarter of 2021 and Full Year 2022

Third quarter 2021 earnings released: US$0.066 loss per share (vs US$0.083 loss in 3Q 2020)

Third quarter 2021 earnings released: US$0.066 loss per share (vs US$0.083 loss in 3Q 2020)

High number of new directors

Forecast to breakeven in 2021

Second quarter 2021 earnings released: EPS US$0.011 (vs US$0.31 in 2Q 2020)

Archer Limited (OB:ARCH) completed the acquisition of DeepWell AS.

Archer Limited (OB:ARCH) signed an offer letter to acquire DeepWell AS.

Full year 2020 earnings released: US$0.051 loss per share (vs US$0.32 loss in FY 2019)

Full year 2020 earnings released: US$0.051 loss per share (vs US$0.32 loss in FY 2019)

Revenue misses expectations

New 90-day high: €0.48

New 90-day high: €0.30

Archer Limited to Report Q1, 2021 Results on Apr 30, 2021

Archer Secures A Five-Year Contract from Aker BP

New 90-day high: €0.26

Third quarter 2020 earnings released: US$0.083 loss per share

Archer Secures Four-Year Contract Extension for Platform Drilling and Maintenance Services with Apache Corporation in the North Sea

New 90-day high - €0.25

Earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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