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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