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Ensco Q3 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Offshore drilling contractor Ensco plc (ESV) reported third-quarter net income attributable to company of $429.4 million or $1.83 per share, higher than $378.8 million or $1.62 per share in the prior-year quarter.

Income from continuing operations for the quarter increased to $455.7 million or $1.93 per share from $390.9 million or $1.66 per share in the year-ago quarter.

On average, 26 analysts polled by Thomson Reuters expected the company to report earnings of $1.61 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues for the quarter grew 9 percent to $1.26 billion from $1.16 billion in the same quarter last year. Analysts expected revenue of $1.23 billion for the quarter.

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