Investing.com - Nov reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nov announced earnings per share of $-0.13 on revenue of $1.55B. Analysts polled by Investing.com anticipated EPS of $-0.0532 on revenue of $1.53B.
Nov shares are down 11% from the beginning of the year and are trading at $17.81 , down-from-52-week-high.They are under-performing the S&P 500 which is down 10.04% from the start of the year.
Nov shares lost 4.35% in after-hours trade the report.
Nov follows other major Energy sector earnings this month
Nov's report follows an earnings beat by TotalEnergies SE ADR on Thursday, who reported EPS of $3.4 on revenue of $63.95B, compared to forecasts EPS of $2.97 on revenue of $72.78B.
Schlumberger had beat expectations on Friday, April 22, 2022 with first quarter EPS of $0.34 on revenue of $5.96B, compared to forecast for EPS of $0.3321 on revenue of $5.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar