Tidewater Reports First Quarter Results For Fiscal 2017 and Announces Conference Call On Wednesday, August 10, 2016 at 10:00 a.m. Central Time
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/12/2026
- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
- After-Hours Movers: ORCL, CRWV, ADBE, ACVA, CPRT, ZUMZ, PMTS, RH
- After-Hours Movers: COO, AEO, NAVN, AVAV, TORO
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
Johnson Rice Downgrades Tidewater Inc (TDW) to Hold
August 10, 2016 10:40 AM EDTJohnson Rice downgraded Tidewater Inc (NYSE: TDW) from Accumulate to Hold.
For an analyst ratings summary and ratings history on Tidewater Inc click here. For more ratings news on Tidewater Inc click here.
Shares of Tidewater Inc closed at $4.66 yesterday.
... MoreUPDATE: Tidewater (TDW) Reports Q1 Loss Per Share of $1.89; Offers Update on Status of Discussions with Lenders
August 9, 2016 5:34 PM EDT(Updated - August 9, 2016 5:45 PM EDT)
Tidewater (NYSE: TDW) reported Q1 EPS of ($1.89), may not compare to the analyst estimate of ($0.74). Revenue for the quarter came in at $167.9 million versus the consensus estimate of $169.75 million.
Status of Discussions with Lenders and Noteholders
The decrease in oil and gas prices that began in the second half of fiscal 2015 and continued throughout fiscal 2016 has led to materially lower levels of spending for offshore exploration and development by the company's customers globally. In addition, newly constructed vessels have been delivered over the last several years, exacerbating... More
