Actionable news
0
All posts from Actionable news
Actionable news in DO: DIAMOND OFFSHORE DRILLING,

Diamond Offshore Drilling (DO) Stock Rising on Q2 Beat

NEW YORK (TheStreet) -- Shares of Diamond Offshore Drilling (DO) are up 4.22% to $22.72 in pre-market trading this morning after the off-shore drilling company reported better-than-expected second quarter earnings and revenue before Monday's opening bell.

Diamond Offshore Drilling posted adjusted earnings of 16 cents per share, surpassing analysts estimated 4 cents per share. Revenue fell more than 40% year-over-year to $388.75 million, but exceeded analysts estimated $374.1 million.

Last year, the company reported earnings of 66 cents per share on revenue of...


More