Diamond Offshore Drilling (DO) Tops Q3 EPS by 1c

Diamond Offshore Drilling (NYSE: DO) reported Q3 EPS of ($0.67), $0.01 better than the analyst estimate of ($0.68). Revenue for the quarter came in at $254.02 million versus the consensus estimate of $242.35 million.

"During the quarter, we secured approximately $90 million of additional backlog, including a new fixture for the Ocean Apex in Australia and the exercise of a two-well option for the Ocean Endeavor in the North Sea,\" said Marc Edwards, President and Chief Executive Officer. "These two awards are further confirmation of Diamond\'s strategy to focus on the improving moored rig market."

For earnings history and earnings-related data on Diamond Offshore Drilling (DO) click here.

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