HOUSTON (dpa-AFX) - National Oilwell Varco, Inc. (NOV) reported third-quarter net income to company of $699 million, or $1.62 per share, compared to $636 million or $1.49 per share, last year. Operating earnings per share for the third quarter of 2014 were $1.76 per share.
On average, 27 analysts polled by Thomson Reuters expected the company to report profit per share of $1.53 for the quarter. Analysts' estimates typically exclude special items.
Revenues were $5.59 billion, an increase of 17 percent from the third quarter of 2013. Analysts expected revenue of $5.48 billion for the quarter.
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