Ensco plc (ESV) Tops Q4 EPS by 30c, Cuts Dividend by 60c

Ensco plc (NYSE: ESV) reported Q4 EPS of $1.68, $0.30 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.16 billion.

To improve capital management flexibility in light of the market downturn, Ensco’s Board of Directors declared a $0.15 cash dividend per Class A ordinary share payable on 20 March 2015, a $0.60 reduction from the prior level. The ex-dividend date is expected to be 5 March 2015 with a record date of 9 March 2015.

For earnings history and earnings-related data on Ensco plc (ESV) click here.

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