Rowan Reports First Quarter 2017 Results

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Rowan Cos. (RDC) Misses Q1 EPS by 1c

May 2, 2017 6:47 AM EDT

Rowan Cos. (NYSE: RDC) reported Q1 EPS of $0.07, $0.01 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $374.3 million versus the consensus estimate of $357.55 million.

Tom Burke, President and Chief Executive Officer, commented, "While our revenues were down significantly... More