Nuverra Environmental Solutions (NES), which disposes of shale drilling waste, is trading higher on Friday as a result of strong earnings announced late Thursday.
The company reported earnings per share of $0.46 for the quarter, beating the consensus estimate of $0.45 by $0.01.
The company’s reported revenue of $128 million was down 19.7% from the same period a year previous. But this is higher than the consensus estimate of $116.93 million.
The company’s stock is trading up $1.62 at $16.94 near midday Friday, a gain of 10.6% on the day.
Latest posts by Kevin Calderon (see all)
- First Gliding Mammals Were Contemporary With The Dinosaurs - Aug 14, 2017
- Jeanne Moreau, The Renowned French Actress, Dies At The Age Of 89 - Jul 31, 2017
- Netflix Now Has Over 100 Million Subscribers - Jul 19, 2017