Diamond Offshore Announces Second Quarter 2018 Results

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Diamond Offshore Drilling (DO) Misses Q2 EPS by 12c, Miss on Revenues

July 30, 2018 6:14 AM EDT

Diamond Offshore Drilling (NYSE: DO) reported Q2 EPS of ($0.50), $0.12 worse than the analyst estimate of ($0.38). Revenue for the quarter came in at $268.9 million versus the consensus estimate of $279.63 million.

Diamond Offshore's results declined due to lower revenue given the continuing depressed market conditions,... More