Hercules Offshore, Inc. (HERO) reported fourth-quarter net income of $4.27 million or $0.03 per share, compared to a loss of $21.49 million or $0.16 per share last year. Revenue increased to $202.63 million from $162.79 million last year. Revenue generated from Domestic Offshore increased by 21.9% to $91.1 million, as a result of improving dayrates partially offset by a reduction in utilization. On average, 26 analysts polled by Thomson Reuters expected the company to report a loss of $0.07 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $187.87 million for the quarter.
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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.