BofA/Merrill Lynch Reinstates Superior Energy Services (SPN) at Neutral

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Superior Energy Services (SPN) Misses Q3 EPS by 2c, Beats on Revenues

October 22, 2018 4:17 PM EDT

Superior Energy Services (NYSE: SPN) reported Q3 EPS of ($0.14), $0.02 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $573.07 million versus the consensus estimate of $563.21 million.

David Dunlap, President and CEO, commented Our third quarter results demonstrate the value of our geographic diversity and unique cornerstone product lines. In the Gulf of Mexico and U.S. land markets, we realized... More