Diamond Offshore Drilling Beats
Diamond Offshore Drilling (DO) reported 4th Quarter December 2016 earnings of $0.85 per share on revenue of $391.9 million. The consensus earnings estimate was $0.12 per share on revenue of $357.8 million. The Earnings Whisper number was $0.14 per share. Revenue fell 29.5% compared to the same quarter a year ago.
Diamond Offshore Drilling Inc is a global offshore oil and gas drilling contractor. Its fleet offers a range of services worldwide in various markets, including the deep water, harsh environment, conventional semisubmersible and jack-up markets.