McDermott Reports Third Quarter 2016 Financial and Operational Results

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Go back to McDermott Reports Third Quarter 2016 Financial and Operational Results

McDermott Int'l (MDR) Tops Q3 EPS by 16c, Revenue Comes in Light

October 25, 2016 4:11 PM EDT

McDermott Int'l (NYSE: MDR) reported Q3 EPS of $0.09, $0.16 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $558.5 million versus the consensus estimate of $630.05 million.

GUIDANCE:

McDermott Int'l sees FY2016 EPS of $0.16-$0.19, versus the consensus of... More