Tidewater (NYSE:TDW) will report earnings before markets open on Tuesday, May 21st. Tidewater Inc. provides offshore supply vessels and marine support services to the offshore energy exploration, development, and production industry. The Company tows and anchor-handles mobile drilling rigs and equipment, transports supplies and personnel, and supports pipelaying and other offshore construction activities.
Here is your Cheat Sheet to Tidewater Earnings:
Earnings Expectations: Analysts expect earnings of $0.61 per share on revenues of $317.74 million. Currently, the company’s P/E ratio stands at 20.59.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.88 to a profit $0.87. For the current year, the average estimate is a profit of $2.78, which is better than the estimate ninety days ago.
Here’s how Tidewater has been performing on an annual basis:
|Revenue ($) in millions||1,270||1,391||1,169||1,055||1,067|
|Diluted EPS ($)||6.39||7.89||5.02||2.05||1.70|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||272.11||289.40||294.45||311.92||309.47|
|Diluted EPS ($)||0.67||0.6557||0.65||0.83||0.61|
Tidewater has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)