Archer Future Growth

Future criteria checks 4/6

Archer is forecast to grow earnings and revenue by 98.4% and 10.1% per annum respectively. EPS is expected to grow by 88.5% per annum. Return on equity is forecast to be 19.4% in 3 years.

Key information

98.4%

Earnings growth rate

88.5%

EPS growth rate

Energy Services earnings growth	39.0%
Revenue growth rate	10.1%
Future return on equity	19.4%
Analyst coverage	Low
Last updated	10 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BATS-CHIXE:ARCHO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,358	45	51	101	2
12/31/2025	1,331	39	48	97	3
12/31/2024	1,244	3	24	69	3
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	3	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
9/30/2013	1,917	-118	N/A	116	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARCHO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: ARCHO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ARCHO is expected to become profitable in the next 3 years.

Revenue vs Market: ARCHO's revenue (10.1% per year) is forecast to grow faster than the UK market (3.7% per year).

High Growth Revenue: ARCHO's revenue (10.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ARCHO's Return on Equity is forecast to be low in 3 years time (19.4%).

Archer Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Archer Limited Provides Earnings Guidance for 2023

Recent updates

Archer Limited (OB:ARCH) completed the acquisition of Wellbore Fishing & Rental Tools, LLC.

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

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

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

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

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

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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