Investing.com - ENGlobal reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ENGlobal announced earnings per share of $-0.070 on revenue of $13.06M. Analysts polled by Investing.com EPS of $-0.030 on revenue of $12.07M.
ENGlobal 's are down 41.36% and is trading at $0.980 , still down 64.49% from its 52 week high of $2.76 set on Monday, November 8, 2021.
ENGlobal shares lost 10.91% to trade at $0.980 in intra-day trade the report.
ENGlobal follows other major Energy sector earnings this month
ENGlobal'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.
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