Diamond Offshore Drilling Inc expected to post breakeven results a share - Earnings Preview

Diamond Offshore Drilling

04/05/2024 03:04

* Diamond Offshore Drilling Inc  DO.N   DO  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
15.3% increase in revenue to $267.425 million from $232.02
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Diamond Offshore
Drilling Inc
is for earnings of 12 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 16.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Diamond
Offshore
Drilling Inc is $20.00​, above​ its last closing price
of $12.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              0.12       -1.41     Missed  -1,317
                                                        .6
 Sep. 30 2023  -0.33       -0.32      -1.36     Missed  -325
 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.                    -0.37      -0.52     Missed  -39.4
 31 2022                                                
 Jan. 1 0001               -0.35      0.05      Beat    114.3​
 This summary was machine generated May 4 at 02:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)