Atwood Oceanics Announces Fiscal 2016 First Quarter Earnings

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KLR Group Upgrades Atwood Oceanics (ATW) to Accumulate

February 4, 2016 6:10 AM EST

KLR Group upgraded Atwood Oceanics (NYSE: ATW) from Hold to Accumulate with a price target of $6.75 (from $6.50).

Analyst Darren Gacicia commented, "We are upgrading ATW to Accumulate from Hold and raising our PT to $6.75 from $6.50. Adjusting for higher risk, we see the... More

Atwood Oceanics (ATW) Posts Q1 GAAP EPS of 60c

February 2, 2016 4:45 PM EST

Atwood Oceanics (NYSE: ATW) reported Q1 EPS of $0.60, which may not compare with the analyst estimate of $1.13. Revenue for the quarter came in at $307.8 million versus the consensus estimate of $303.68 million.

During the quarter ended December 31, 2015, the Company recorded a non-cash impairment charge of... More