Stock Track | DNOW Inc. Soars 5.21% on Strong Q3 Earnings and Merger Announcement

Stock Track11-06

Shares of DNOW Inc. (NYSE: DNOW) are soaring 5.21% in intraday trading following the company's impressive third-quarter earnings report and a significant merger announcement. The industrial equipment distributor has demonstrated resilience and growth in a challenging market environment, surpassing analyst expectations.

DNOW reported adjusted earnings per share of $0.26 for the third quarter, beating the analyst consensus estimate of $0.23 by 11.59%. This represents a substantial 23.81% increase from the $0.21 per share reported in the same period last year. While the company's quarterly revenue of $634 million slightly missed analyst expectations of $637.13 million, it still marked a 4.62% increase year-over-year.

Adding to the positive sentiment, DNOW announced a definitive merger agreement with MRC Global, valued at approximately $1.5 billion. The merger, expected to close in the fourth quarter of 2025, has likely contributed to investor enthusiasm. Furthermore, the company's strong financial position, with $266 million in cash and no long-term debt, positions it well for future growth and potential acquisitions. These factors combined have driven the stock's significant upward movement, reflecting investor confidence in DNOW's strategic direction and financial performance.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1173087531?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-06 02:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1173087531","market":"hk","top_or_hot":-1,"title":"Stock Track | DNOW Inc. Soars 5.21% on Strong Q3 Earnings and Merger Announcement","media":"Stock Track","content":"<p>Shares of DNOW Inc. (NYSE: DNOW) are soaring 5.21% in intraday trading following the company's impressive third-quarter earnings report and a significant merger announcement. The industrial equipment distributor has demonstrated resilience and growth in a challenging market environment, surpassing analyst expectations.</p>\n\n<p>DNOW reported adjusted earnings per share of $0.26 for the third quarter, beating the analyst consensus estimate of $0.23 by 11.59%. This represents a substantial 23.81% increase from the $0.21 per share reported in the same period last year. While the company's quarterly revenue of $634 million slightly missed analyst expectations of $637.13 million, it still marked a 4.62% increase year-over-year.</p>\n\n<p>Adding to the positive sentiment, DNOW announced a definitive merger agreement with MRC Global, valued at approximately $1.5 billion. The merger, expected to close in the fourth quarter of 2025, has likely contributed to investor enthusiasm. Furthermore, the company's strong financial position, with $266 million in cash and no long-term debt, positions it well for future growth and potential acquisitions. These factors combined have driven the stock's significant upward movement, reflecting investor confidence in DNOW's strategic direction and financial performance.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | DNOW Inc. Soars 5.21% on Strong Q3 Earnings and Merger Announcement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | DNOW Inc. Soars 5.21% on Strong Q3 Earnings and Merger Announcement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-11-06 02:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of DNOW Inc. (NYSE: DNOW) are soaring 5.21% in intraday trading following the company's impressive third-quarter earnings report and a significant merger announcement. The industrial equipment distributor has demonstrated resilience and growth in a challenging market environment, surpassing analyst expectations.</p>\n\n<p>DNOW reported adjusted earnings per share of $0.26 for the third quarter, beating the analyst consensus estimate of $0.23 by 11.59%. This represents a substantial 23.81% increase from the $0.21 per share reported in the same period last year. While the company's quarterly revenue of $634 million slightly missed analyst expectations of $637.13 million, it still marked a 4.62% increase year-over-year.</p>\n\n<p>Adding to the positive sentiment, DNOW announced a definitive merger agreement with MRC Global, valued at approximately $1.5 billion. The merger, expected to close in the fourth quarter of 2025, has likely contributed to investor enthusiasm. Furthermore, the company's strong financial position, with $266 million in cash and no long-term debt, positions it well for future growth and potential acquisitions. These factors combined have driven the stock's significant upward movement, reflecting investor confidence in DNOW's strategic direction and financial performance.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DNOW","symbol_name":"NOW Inc.","start_time":0,"source_url":"","article_id":"1173087531","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173087531","pubTimestamp":1762366277,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of DNOW Inc. (NYSE: DNOW) are soaring 5.21% in intraday trading following the company's impressive third-quarter earnings report and a significant merger announcement. The industrial equipment...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DNOW":"NOW Inc."},"translate_title":"股票追踪|DNOW Inc.因强劲的第三季度盈利和合并公告而飙升5.21%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DNOW":1},"content_text":"Shares of DNOW Inc. (NYSE: DNOW) are soaring 5.21% in intraday trading following the company's impressive third-quarter earnings report and a significant merger announcement. The industrial equipment distributor has demonstrated resilience and growth in a challenging market environment, surpassing analyst expectations.\nDNOW reported adjusted earnings per share of $0.26 for the third quarter, beating the analyst consensus estimate of $0.23 by 11.59%. This represents a substantial 23.81% increase from the $0.21 per share reported in the same period last year. While the company's quarterly revenue of $634 million slightly missed analyst expectations of $637.13 million, it still marked a 4.62% increase year-over-year.\nAdding to the positive sentiment, DNOW announced a definitive merger agreement with MRC Global, valued at approximately $1.5 billion. The merger, expected to close in the fourth quarter of 2025, has likely contributed to investor enthusiasm. Furthermore, the company's strong financial position, with $266 million in cash and no long-term debt, positions it well for future growth and potential acquisitions. These factors combined have driven the stock's significant upward movement, reflecting investor confidence in DNOW's strategic direction and financial performance.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1173087531","isCrawlerRequest":true}