Diamond Offshore Drilling Q1 2024 Adj EPS $0.25 Beats undefined Estimate, Sales $274.610M Beat $267.425M Estimate
Portfolio Pulse from Benzinga Newsdesk
Diamond Offshore Drilling (DO) reported Q1 2024 adjusted EPS of $0.25, surpassing the undefined analyst consensus estimate. Sales reached $274.610M, exceeding the $267.425M forecast, marking an 18.36% increase from the previous year.

May 07, 2024 | 8:57 pm
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Diamond Offshore Drilling reported a strong Q1 2024 performance with EPS and sales exceeding estimates, indicating robust growth.
DO's reported earnings and sales not only surpassed analyst expectations but also showed significant year-over-year growth. This performance is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price.
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