Investing.com - Diamond Offshore Drilling reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Diamond Offshore Drilling announced earnings per share of $0.05 on revenue of $226.07M. Analysts polled by Investing.com anticipated EPS of $-0.25 on revenue of $181.39M.
Diamond Offshore Drilling shares are up 19.33% from the beginning of the year and are trading at $10.13 , down-from-52-week-high.
Diamond Offshore Drilling follows other major Energy sector earnings this month
Diamond Offshore Drilling's report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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