Investing.com - KLX Energy reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KLX Energy announced earnings per share of $-0.67 on revenue of $184.4M. Analysts polled by Investing.com anticipated EPS of $-0.88 on revenue of $177.2M.
KLX Energy shares are down 46.39% from the beginning of the year, still down 46.93% from its 52 week high of $13.36 set on March 8. They are under-performing the Nasdaq which is down 24.67% from the start of the year.
KLX Energy follows other major Energy sector earnings this month
KLX Energy's report follows an earnings beat by ConocoPhillips on August 4, who reported EPS of $3.91 on revenue of $21.99B, compared to forecasts EPS of $3.86 on revenue of $21.47B.
EOG Resources had beat expectations on August 4 with second quarter EPS of $2.74 on revenue of $7.41B, compared to forecast for EPS of $2.57 on revenue of $5.47B.
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