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Investing.com - Cactus reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cactus announced earnings per share of $0.52 on revenue of $184.48M. Analysts polled by Investing.com EPS of $0.47 on revenue of $182.44M.
Cactus 's are down 28% and is trading at $55.78 , still down 13.09% from its 52 week high of $64.18 set on Tuesday, March 8, 2022.
Cactus shares gained 5.05% to trade at $55.78 in intra-day trade the report.
Cactus follows other major Energy sector earnings this month
Cactus's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, 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