Diamond Offshore Drilling Inc. (NYSE:DO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 4.96% to $1.27 in the quarter versus EPS of $1.21 in the year-earlier quarter. Revenue Decreased 5.06% to $729.74 million from the year-earlier quarter.
Diamond Offshore Drilling Inc. reported adjusted EPS income of $1.27 per share. By that measure, the company beat the mean analyst estimate of $1.16. It beat the average revenue estimate of $713.09 million.