Tesco Corp (TESO) Initiates, Declares $0.05 Quarterly Dividend; Announces $100M Buyback

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Tesco Corp (TESO) Misses Q1 EPS by 4c

May 5, 2014 6:29 AM EDT

Tesco Corp (NASDAQ: TESO) reported Q1 EPS of $0.21, $0.04 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $121.4 million versus the consensus estimate of $137.52 million.

Julio Quintana, TESCO's Chief Executive Officer, commented, "Due mainly to a number of one off charges associated with our international operations, reported Q1 2014 bottom line results came in below our expectations. Adjusting for these items our EPS would have... More