Investing.com - John Wood reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
John Wood announced earnings per share of $0.0933 on revenue of $3.24B. Analysts polled by Investing.com anticipated EPS of $0.0779 on revenue of $3.25B.
John Wood shares are down 8% from the beginning of the year and are trading at $175.00 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.93% from the start of the year.
John Wood follows other major Energy sector earnings this month
John Wood's report follows an earnings beat by BP on February 8, who reported EPS of $0.2053 on revenue of $52.24B, compared to forecasts EPS of $0.193 on revenue of $52.76B.
Lukoil ADR had beat expectations on March 2 with first quarter EPS of $4.49 on revenue of $24.88B, compared to forecast for EPS of $3.73 on revenue of $32.3B.
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