Tidewater Inc. (NYSE:TDW) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Tidewater Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 58.33% to $0.95 in the quarter versus EPS of $0.60 in the year-earlier quarter.
Revenue: Rose 13.44% to $328.3 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Tidewater Inc. reported adjusted EPS income of $0.95 per share. By that measure, the company beat the mean analyst estimate of $0.61. It beat the average revenue estimate of $317.82 million.
Quoting Management: There was no comment from management.
Key Stats (on next page)…