Valaris Limited (VAL) Reports Q1 Loss, Tops Revenue Estimates

Valaris Limited (VAL) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of $1.10. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -148.18%. A quarter ago, it was expected that this company would post earnings of $1.23 per share when it actually produced earnings of $1.88, delivering a surprise of 52.85%.Over the last four quarters, the company has surpassed ...