ISI Group Upgrades Diamond Offshore (DO) to Hold

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Diamond Offshore Drilling (DO) Misses Q3 EPS by 41c

October 23, 2014 6:05 AM EDT

Diamond Offshore Drilling (NYSE: DO) reported Q3 EPS of $0.38, $0.41 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $738 million versus the consensus estimate of $740.5 million.

The Company today announced plans to retire and scrap six of its mid-water semisubmersible... More