Diamond Offshore Announces First Quarter 2017 Results

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Diamond Offshore (DO) PT Lowered to $15 at Jefferies; Reiterates Hold

May 2, 2017 8:35 AM EDT

Jefferies lowered its price target on Diamond Offshore (NYSE: DO) to $15.00 (from $17.00) while maintaining a Hold rating.

In 2017, Jefferies assumes slightly lower revenues to account for Ocean Patriot's special survey slated for the 4Q.

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Diamond Offshore Drilling (DO) Tops Q1 EPS by 5c

May 1, 2017 6:01 AM EDT

Diamond Offshore Drilling (NYSE: DO) reported Q1 EPS of $0.17, $0.05 better than the analyst estimate of $0.12. Revenue for the quarter came in at $374.23 million versus the consensus estimate of $366.76 million.

For earnings history and earnings-related data on Diamond Offshore Drilling (DO) click here.

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