Noble Energy Earnings beat, Revenue misses In Q1

  • Investing.com
Noble Energy Earnings beat, Revenue misses In Q1

Investing.com - Noble Energy (NASDAQ: NBL ) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Noble Energy announced earnings per share of $0.18 on revenue of $1.02B. Analysts polled by Investing.com anticipated EPS of $0.01 on revenue of $1.08B. That with comparison to EPS of $-0.09 on revenue of $1.05B in the same period a year before.Noble Energy had reported EPS of $-0.05 on revenue of $1.17B in the previous quarter.Analysts are expecting EPS of $-0.42 and revenue of $711.35M in the upcoming quarter.

Noble Energy shares are down 64% from the beginning of the year and are trading at $8.86 , down-from-52-week-high.They are under-performing the Nasdaq which is down 0.66% year to date.

Noble Energy follows other major Energy sector earnings this month

Noble Energy's report follows an earnings beat by Exxon Mobil on Friday, May 1, 2020, who reported EPS of $0.53 on revenue of $56.16B, compared to forecasts EPS of $0.01 on revenue of $53.53B.

Chevron had beat expectations on Friday, May 1, 2020 with first quarter EPS of $1.29 on revenue of $31.5B, compared to forecast for EPS of $0.65 on revenue of $29.14B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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