Tidewater (TDW) Tops Q2 Earnings and Revenue Estimates

Tidewater (TDW) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of$ 0.72 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 30.56%. A quarter ago, it was expected that this offshore energy services provider would post earnings of$ 0.49 per share when it actually produced earnings of $0.89, delivering a surprise of 81.63%. Over the last four qu ...