Guggenheim Upgrades Tesco (TESO) to Buy
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Tesco (TESO) Misses Q2 EPS by 14c
August 6, 2015 6:53 AM EDTTesco (NASDAQ: TESO) reported Q2 EPS of ($0.21), $0.14 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $74.5 million versus the consensus estimate of $75.94 million.
Fernando Assing, TESCO's Chief Executive Officer, commented, "While we expected the second quarter of 2015 results to be negatively impacted by continued market weakness, the severity of the rig count decline and pricing in North America exceeded our... More
