Ensco International Inc. (ESV) posted third quarter net income of $149.7 million or $1.05 per share, compared to $282.3 million or $1.97 per share in the same period last year.
On average, 31 analysts polled by Thomson Reuters expected the company to report earnings of $1.04 per share. Analysts' estimates typically exclude special items.
Revenues for the third quarter declined to $425 million from $620 million a year-ago. Twenty-two Wall Street analysts expected revenues of $438.61 million.
Operating expenses for the recent quarter were $250.2 million, compared to $247.4 million in last year quarter.
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