Nationwide Oilwell Varco (NOV) got here out with quarterly earnings of $0.13 per share, lacking the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.03 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -18.75%. 1 / 4 in the past, it was anticipated that this oil and fuel trade provider would submit earnings of $0.10 per share when it really produced a lack of $0.61, delivering a shock of -710%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Nationwide Oilwell Varco, which belongs to the Zacks Oil and Fuel – Mechanical and and Gear trade, posted revenues of $2.28 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 8.44%. This compares to year-ago revenues of $2.40 billion. The corporate has topped consensus income estimates two instances over the past 4 quarters.
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