Newpark Resources Reports Fourth Quarter 2020 Results
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Newpark Resources (NR) Misses Q4 EPS by 7c, Revenues Beat
February 11, 2021 4:28 PM ESTNewpark Resources (NYSE: NR) reported Q4 EPS of ($0.20), $0.07 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $129.7 million versus the consensus estimate of $119.25 million.
Paul Howes, Newpark's President and Chief Executive Officer, stated, "2020 was a year in which companies around the world faced unprecedented challenges. I'm extremely proud of the resilience of our entire organization as we continued to advance our market diversification efforts. Although the combination of the oil & gas industry dislocation and the prolonged COVID-related headwinds impacted our operations for much of the year, we... More
