Rowan Reports Third Quarter 2016 Results

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Societe Generale Upgrades Rowan Companies (RDC) to Hold

November 3, 2016 7:12 AM EDT

Societe Generale upgraded Rowan Companies (NYSE: RDC) from Sell to Hold with a price target of $14.

For an analyst ratings summary and ratings history on Rowan Companies click here. For more ratings news on Rowan Companies click here.

Shares of Rowan Companies closed at $13.57 yesterday.

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Rowan Cos. (RDC) Posts Q4 EPS of $0.04, Before Items

November 1, 2016 6:55 AM EDT

Rowan Cos. (NYSE: RDC) reported Q3 EPS of $0.04, which does not compare to the analyst estimate of ($0.01). Revenue for the quarter came in at $379.4 million versus the consensus estimate of $362.38 million.

Net income for the current quarter included a $34.3 million (after tax), or $0.27... More