Investing.com - Nov reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nov announced earnings per share of $-0.026 on revenue of $1.42B. Analysts polled by Investing.com anticipated EPS of $-0.1286 on revenue of $1.38B.
Nov shares are up 2% from the beginning of the year and are trading at $14.06 , down-from-52-week-high.They are under-performing the S&P 500 which is up 17.18% from the start of the year.
Nov follows other major Energy sector earnings this month
Nov's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.3 on revenue of $5.63B, compared to forecasts EPS of $0.2593 on revenue of $5.51B.
Baker Hughes had missed expectations on Wednesday, July 21, 2021 with second quarter EPS of $0.1 on revenue of $5.14B, compared to forecast for EPS of $0.1564 on revenue of $4.94B.
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