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Noble Energy Inc Q3 adjusted earnings Miss Estimates

Noble Energy Inc (NBL) released a profit for third quarter that fell from last year.

The company's earnings came in at $17 million, or $0.04 per share. This compares with $227 million, or $0.47 per share, in last year's third quarter.

Excluding items, Noble Energy Inc reported adjusted earnings of -$47 million or -$0.10 per share for the period.

Analysts had expected the company to earn $0.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 11.8% to $1.12 billion from $1.27 billion last year.

Noble Energy Inc earnings at a glance:

-Earnings (Q3): -$47 Mln. vs. $129 Mln. last year.
-EPS (Q3): -$0.10 vs. $0,27 last year.
-Analysts Estimate: $0.27
-Revenue (Q3): $1.12 Bln vs. $1.27 Bln last year.

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