Investing.com - NCS Multistage reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NCS Multistage announced earnings per share of $1.58 on revenue of $48.87M. Analysts polled by Investing.com anticipated EPS of $0.34 on revenue of $33M.
NCS Multistage shares are down 39.79% from the beginning of the year and are trading at $30.80 , down-from-52-week-high.
NCS Multistage follows other major Energy sector earnings this month
NCS Multistage's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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