Earnings Forecast Research on Tidewater Inc. (TDW)

Tidewater Inc. has received $-1.17 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $-1.22 while the top line estimate is $-1.12 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -1576.19%.

Tidewater Inc. reported better than expected with a surprise EPS of 9.91% or $0.11 during its most recent quarterly earnings. The Actual EPS was $-1 compared to the Estimated EPS of $-1.11.

In the last quarter, Tidewater Inc. reported Annual Earnings of $-1. Based on the filings, last years Annual Earnings was, $-0.67. In the last Quarter, TDW reported a surprise Earnings per Share of 9.91% . The consensus estimate for current quarter is $-1.17 and for the current fiscal year, the estimate is $-4.42. For the Next fiscal year, the estimate is $-4.57 based on the consensus.

Tidewater Inc. (NYSE:TDW) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.05 points or 2.22% at $2.2 with 1,850,189 shares getting traded. Post opening the session at $2.25, the shares hit an intraday low of $2.07 and an intraday high of $2.27 and the price was in this range throughout the day. The company has a market cap of $104 million and the number of outstanding shares has been calculated to be 47,068,079 shares. The 52-week high of Tidewater Inc. (NYSE:TDW) is $11.58 and the 52-week low is $1.44.

Tidewater, Inc. owns and operates one of the worlds largest fleets serving the international offshore energy industry. Tidewater vessels can be found in virtually every area of the world where there is significant oil and gas exploration, development or production. These provide a wide range of services including: transporting crews and supplies between the mainland and offshore locations; towing and positioning mobile drilling rigs; assisting in offshore construction projects; and a variety of specialized services including cable laying and 3-D seismic work.


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