McDermott International Tops Q1 Street Views On EPS

McDermott International Tops Q1 Street Views On EPS

McDermott International,a supplier of upstream oil-industry services and equipment, Tuesday reported Q1 earnings above Street view, missed on revenues, and raised 2017 guidance. McDermott shares were up over 8% in recent pre-market. The company reported adjusted Q1 EPS of $0.08, above the consensus for breakeven per-share as compiled by Capital IQ. A year earlier, McDermott reported EPS of $0.13. McDermott reported Q1 revenues of $519.4 million, well below the $689.3 […]

Read More ˃