Investing.com - Nov reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Nov announced earnings per share of $-0.2039 on revenue of $1.33B. Analysts polled by Investing.com anticipated EPS of $-0.1394 on revenue of $1.34B.
Nov shares are up 8% from the beginning of the year and are trading at $13.78 , down-from-52-week-high.They are outperforming the CAC 40 which is up 1.03% from the start of the year.
Nov follows other major Energy sector earnings this month
Nov's report follows an earnings beat by Exxon Mobil on Tuesday, who reported EPS of $0.03 on revenue of $46.54B, compared to forecasts EPS of $0.009 on revenue of $45.97B.
Chevron had missed expectations on Friday, January 29, 2021 with fourth quarter EPS of $-0.01 on revenue of $25.25B, compared to forecast for EPS of $0.0918 on revenue of $25.82B.
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