Borr Drilling (BORR) Set to Announce Quarterly Earnings on Wednesday

Borr Drilling (NYSE:BORR) is anticipated to release its Q3 2026 results after the market closes on Wednesday, November 18th. Analysts expect the company to post earnings of ($0.0852) per share and revenue of $259.09 million for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 19, 2026 at 9:00 AM ET.

Borr Drilling (NYSE:BORR) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.58). The firm had revenue of $232.30 million for the quarter, compared to analysts’ expectations of $245.96 million. Borr Drilling had a negative return on equity of 5.95% and a negative net margin of 23.98%. On average, analysts expect Borr Drilling to post ($0.51) EPS for the current fiscal year and $0.15 EPS for the next fiscal year.

Borr Drilling Trading Down 1.4%

NYSE BORR opened at $3.17 on Wednesday. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 2.58. The stock has a market capitalization of $1.00 billion, a P/E ratio of -4.07 and a beta of 1.02. Borr Drilling has a 52-week low of $2.89 and a 52-week high of $6.66. The firm has a 50-day moving average price of $4.19 and a 200 day moving average price of $4.84.

Insiders Place Their Bets

In related news, Director Jeffrey Currie purchased 125,000 shares of the stock in a transaction dated Thursday, August 13th. The shares were acquired at an average cost of $4.01 per share, with a total value of $501,250.00. Following the purchase, the director directly owned 479,423 shares in the company, valued at $1,922,486.23. This trade represents a 35.27% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Harvey Snowling purchased 300,000 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was bought at an average price of $4.91 per share, with a total value of $1,473,000.00. Following the acquisition, the chief operating officer directly owned 445,944 shares in the company, valued at approximately $2,189,585.04. This represents a 205.56% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 7.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on BORR shares. Zacks Research cut Borr Drilling from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 15th. SEB Equity Research set a $3.55 price target on Borr Drilling in a report on Monday, August 17th. Weiss Ratings downgraded Borr Drilling from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, October 26th. Finally, Wall Street Zen downgraded Borr Drilling from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Two analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $5.27.

About Borr Drilling

Borr Drilling Limited is an offshore drilling contractor that provides jack-up rigs and related drilling services to oil and gas companies. Its rigs are designed for shallow-water operations, and the company supplies crews and operational support for offshore drilling projects. Founded in 2016, Borr Drilling built its fleet through acquisitions of jack-up rigs from other drilling companies. It serves customers in offshore markets around the world, including regions such as the Middle East, Southeast Asia, West Africa and the North Sea.