Investing.com - Dril-Quip (NYSE:DRQ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Dril-Quip announced earnings per share of $0.44 on revenue of $88.10. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $93.08M.
Dril-Quip shares are down 18% from the beginning of the year, still down 37.47% from its 52 week high of $41.23 set on March 11.
Dril-Quip shares gained 5.51% in after-hours trade following the report.
Dril-Quip follows other major Energy sector earnings this month
Dril-Quip's report follows an earnings missed by TotalEnergies SE ADR on Thursday, who reported EPS of $3.83 on revenue of $64.92B, compared to forecasts EPS of $3.99 on revenue of $79.43B.
Schlumberger had beat expectations on October 21 with third quarter EPS of $0.63 on revenue of $7.5B, compared to forecast for EPS of $0.5507 on revenue of $7.1B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar