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Investing.com - Newpark Resources reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Newpark Resources announced earnings per share of $0.060 on revenue of $219.9M. Analysts polled by Investing.com EPS of $0.040 on revenue of $181.4M.
Newpark Resources 's are down 58% and is trading at $3.100 , still down 27.83% from its 52 week high of $4.81 set on Friday, March 11, 2022.
Newpark Resources shares lost 10.66% to trade at $3.100 in after-hours trade the report.
Newpark Resources follows other major Energy sector earnings this month
Newpark Resources's report follows an earnings beat by Exxon Mobil on Friday, 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 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