Tidewater (TDW) Beats Q3 Earnings and Revenue Estimates

Tidewater (TDW) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 10.13%. A quarter ago, it was expected that this offshore energy services provider would post earnings of $0.72 per share when it actually produced earnings of $0.94, delivering a surprise of 30.56%. Over the last four qu ...