Archer Future Growth

Future criteria checks 4/6

Archer is forecast to grow earnings and revenue by 102.2% and 8.9% per annum respectively. EPS is expected to grow by 96.4% per annum. Return on equity is forecast to be 17.3% in 3 years.

Key information

102.2%

Earnings growth rate

96.4%

EPS growth rate

Energy Services earnings growth	17.9%
Revenue growth rate	8.9%
Future return on equity	17.3%
Analyst coverage	Low
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

OTCPK:ARHV.F - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,361	47	61	113	3
12/31/2025	1,348	38	45	99	3
12/31/2024	1,279	-3	-29	71	2
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: ARHV.F's forecast earnings growth (102.2% per year) is above the savings rate (2.6%).

Earnings vs Market: ARHV.F's earnings (102.2% per year) are forecast to grow faster than the US market (15.4% per year).

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

Revenue vs Market: ARHV.F's revenue (8.9% per year) is forecast to grow faster than the US market (8.9% per year).

High Growth Revenue: ARHV.F's revenue (8.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ARHV.F's Return on Equity is forecast to be low in 3 years time (17.3%).

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

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

Archer Limited Announces Board Appointments

Archer Limited Approves to Elect Arne Sigve Nylund as a Director

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.

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

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

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

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

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

Archer Secures A Five-Year Contract from Aker BP

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

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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