Diamond Offshore Drilling Inc expected to post earnings of 9 cents a share - Earnings Preview

Diamond Offshore Drilling

02/08/2024 22:26

* Diamond Offshore Drilling Inc  DO.N   DO  is expected
to show a
fall in quarterly revenue when it reports  results on August 6
for the period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
3.0% decrease in revenue to $257.15 million from $264.99 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 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $20.00​, above​ its last closing price
of $15.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.00        0.00       0.25      Beat    8,433.
                                                        3
 Jan. 1 2024   0.13        0.12       -1.41     Missed  -1,317
                                                        .6
               -0.33       -0.32      -1.36     Missed  -325​
 Jun. 30 2023  -0.10       -0.11      -0.04     Beat    62.4
 ​​Mar.        -0.13       -0.16      0.07      Beat    144.7
 31 2023                                                
 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 August 2 at 21:26 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)