Dril-Quip, Inc. Announces Third Quarter 2020 Results
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Dril-Quip (DRQ) Tops Q3 EPS by 45c
October 29, 2020 5:06 PM EDTDril-Quip (NYSE: DRQ) reported Q3 EPS of $0.41, $0.45 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $91.3 million versus the consensus estimate of $87.82 million.
Blake DeBerry, Dril-Quips Chief Executive Officer, commented, Our third quarter results reflect the progress we are making as an organization in managing the continued challenges to our operations and the overall commodity price environment brought about by the COVID-19 pandemic and the associated oil and gas demand declines. I am proud of our employees in the manner in which they have remained productive and efficient in our... More
