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Atwood Oceanics Beats Earnings

Atwood Oceanics, Inc. ATW 3.65% released its Q3 results after market close on Monday. Earnings per share came in above Wall Street consensus expectations, sending shares up 4.47 percent.

Atwood reported EPS of $1.53 and revenues of $227.8 million. Analyst consensus had an EPS estimate of $0.9 and revenues of $225.29 million.

In Q3, Atwood repurchased $145.8 million of Senior Notes for $97.4 million, including $2.4 million of accrued interest, representing an average discount of 34.8 percent.

Atwood traded at $10.75 in Monday's after-hours session, up 4.47 percent.

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