Investing.com - Cactus (NYSE:WHD) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cactus announced earnings per share of $0.52 on revenue of $184.48M. Analysts polled by Investing.com anticipated EPS of $0.47 on revenue of $182.44M.
Cactus shares are down 28% from the beginning of the year, still down 13.09% from its 52 week high of $64.18 set on March 8.
Cactus shares gained 5.05% in intra-day trade following the report.
Cactus follows other major Energy sector earnings this month
Cactus's report follows an earnings beat by Exxon Mobil on October 28, 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 October 28 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar