Investing.com - Nov reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nov announced earnings per share of $0.18 on revenue of $1.73B. Analysts polled by Investing.com anticipated EPS of $0.0424 on revenue of $1.64B.
Nov shares are up 15.72% from the beginning of the year and are trading at $16.29 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Nov shares gained 3.89% in after-hours trade the report.
Nov follows other major Energy sector earnings this month
Nov's report follows an earnings beat by Equinor ADR on Wednesday, who reported EPS of $2.11 on revenue of $36.32B, compared to forecasts EPS of $1.62 on revenue of $36.63B.
Schlumberger had beat expectations on Friday with second quarter EPS of $0.5 on revenue of $6.77B, compared to forecast for EPS of $0.3995 on revenue of $6.28B.
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