Noble Corp (NE) Misses Q1 EPS by 2c

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Noble Corporation plc Reports First Quarter 2016 Results

April 27, 2016 5:00 PM EDT

LONDON, April 27, 2016 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today reported first quarter 2016 net income attributable to Noble Corporation of $105 million, or $0.42 per diluted share, on revenues of $612 million. Results in the quarter included a favorable discrete tax item of approximately $27 million, or $0.11 per diluted share. Excluding the tax item, net income attributable to Noble Corporation was $78 million, or $0.31 per diluted share.  The first quarter results compared to a net loss attributable to Noble Corporation for the fourth quarter of 2015 of $152 million, or $0.63 per diluted share, on revenues of $858 million.... More