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Dril-Quip Inc. (DRQ) Is Falling Sharply After Q4 Report

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2/27/2012 9:42 AM ET

Dril-Quip Inc. (DRQ: Quote) reported fourth quarter net income of $0.70 per share Monday morning, up from $0.52 per share last year. The consensus estimate was for EPS of $0.61.

Shares of Dril-Quip have been steadily declining since the open Monday and are now down 4.61 at $71.65. The stock has dropped to a 2-week low this morning.

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by RTT Staff Writer

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