Diamond Offshore Drilling Misses
Diamond Offshore Drilling (DO) reported 3rd Quarter September 2016 earnings of $0.10 per share on revenue of $349.2 million. The consensus earnings estimate was $0.07 per share on revenue of $363.0 million. The Earnings Whisper number was $0.12 per share. Revenue fell 42.7% 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.