Apergy: 4Q Earnings Snapshot
THE WOODLANDS, Texas (AP) _ Apergy Corp. (APY) on Monday reported fourth-quarter profit of $22.6 million.
On a per-share basis, the The Woodlands, Texas-based company said it had profit of 29 cents. Earnings, adjusted for non-recurring costs, were 36 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The oil and gas drilling technology company posted revenue of $311.2 million in the period.
For the year, the company reported profit of $94 million, or $1.21 per share. Revenue was reported as $1.22 billion.
Apergy shares have increased 36 percent since the beginning of the year.