Tidewater (TDW) Beats Q2 Earnings and Revenue Estimates

Tidewater (TDW) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of$ 0.28 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +339.29%. A quarter ago, it was expected that this offshore energy services provider would post earnings of$ 0.49 per share when it actually produced earnings of $0.83, delivering a surprise of +69.39%. While Tidewater ...