Tidewater Inc. (TDW) reported third quarter EPS of $0.67 Thursday morning, which was flat with the prior year result. The consensus estimate was for EPS of $0.43.
Tidewater Inc. climbed sharply during the first half hour of trade Thursday, but settled into a range for the remainder of the day. The stock finished up by 3.22 at $57.82, with volume at a 4-month high. Tidewater broke out past resistance and set a 9-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.