Investing.com - Dril-Quip reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Dril-Quip announced earnings per share of $0.44 on revenue of $88.10. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $93.08M.
Dril-Quip shares are down 18% from the beginning of the year and are trading at $27.20 , down-from-52-week-high.
Dril-Quip shares gained 5.51% in after-hours trade the report.
Dril-Quip follows other major Energy sector earnings this month
Dril-Quip's report follows an earnings missed by TotalEnergies SE ADR on Thursday, who reported EPS of $3.83 on revenue of $64.92B, compared to forecasts EPS of $3.99 on revenue of $79.43B.
Schlumberger had beat expectations on Friday, October 21, 2022 with third quarter EPS of $0.63 on revenue of $7.5B, compared to forecast for EPS of $0.5507 on revenue of $7.1B.
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