Diamond Offshore Drilling Inc expected to post a loss of 32 cents a share - Earnings Preview

Diamond Offshore Drilling

04/11/2023 03:06

* Diamond Offshore Drilling Inc  DO.N   DO  is expected
to show a
rise in quarterly revenue when it reports  results on November
6. 
    * The Houston Texas-based  company is expected to report  a
28.2% increase in revenue to $243.35 million from $189.86
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Diamond Offshore
Drilling
Inc is for a loss of 32 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Diamond
Offshore
Drilling Inc is $19.5​, above​ its last closing price of $13.40.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.10       -0.11      -0.04     Beat    62.4
 Mar. 31 2023  -0.13       -0.16      0.07      Beat    144.7
 Dec. 31 2022  -0.39       -0.37      -0.52     Missed  -39.4​
 Sep. 30 2022  -0.35       -0.35      0.05      Beat    114.3
 ​​                                                     
                                                        ​
 This summary was machine generated November 4 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated