Feb. 6 at 5:48 PM
$NOV misses Q4 earnings — adjusted earnings of just 2 cents per share fell short of the Zacks Consensus Estimate of 25 cents, largely due to the underperformance of its Energy Products and Services segment. However, total revenues of
$2.3 billion beat estimates by 4.9%, thanks to strong execution on backlog in Energy Equipment.
Full Q4 analysis here 👉 https://www.zacks.com/stock/news/2837572/nov-q4-earnings-miss-estimates-revenues-beat-both-decrease-yy?cid=sm-stocktwits-2-2837572-body-32461&ADID=SYND_STOCKTWITS_TWEET_2_2837572_BODY_32461