National Oilwell Varco, Inc. (NOV) reported third quarter net income attributable to company of $385 million or $0.92 per share, compared to $548 million or $1.31 per share last year.
Net income excluding transaction and restructuring charges was $396 million, or $0.95 per share for the quarter.
On average, 23 analysts polled by Thomson Reuters expected the company to report earnings of $0.79 per share. Analysts' estimates typically exclude special items.
Total revenue declined to $3.09 billion from $3.61 billion in the prior year quarter. Fourteen analysts estimated revenues of $2.9 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.