Investing.com - Gulf Island Fabrication reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gulf Island Fabrication announced earnings per share of $0.040 on revenue of $39.59M. Analysts polled by Investing.com anticipated EPS of $-0.285 on revenue of $23.82M.
Gulf Island Fabrication shares are down 16% from the beginning of the year, still down 7.75% from its 52 week high of $5.42 set on November 2.
Gulf Island Fabrication follows other major Energy sector earnings this month
Gulf Island Fabrication'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