Seahawk Drilling (HAWK) to Release Quarterly Earnings on Thursday
Seahawk Drilling (NASDAQ:HAWK) is set to issue its quarterly earnings data on Thursday, October 10th. Parties interested in registering for the company’s conference call can do so using this link.
Seahawk Drilling (NASDAQ:HAWK) last announced its earnings results on Thursday, July 18th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.03) by $0.10. The company had revenue of $225.90 million for the quarter, compared to the consensus estimate of $237.14 million. The company’s quarterly revenue was up 18.9% on a year-over-year basis.
Seahawk Drilling (NASDAQ:HAWK) opened at 21.03 on Wednesday. Seahawk Drilling has a 52-week low of $20.25 and a 52-week high of $27.23. The stock has a 50-day moving average of $24.39 and a 200-day moving average of $24.44. The company has a market cap of $1.092 billion and a price-to-earnings ratio of 25.68.
Several analysts have recently commented on the stock. Analysts at Susquehanna initiated coverage on shares of Seahawk Drilling in a research note to investors on Thursday, September 26th. They set a “negative” rating and a $20.00 price target on the stock. Analysts at Wedbush cut their price target on shares of Seahawk Drilling from $19.00 to $18.00 in a research note to investors on Friday, July 19th. They now have an “underperform” rating on the stock. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. Seahawk Drilling has an average rating of “Hold” and a consensus target price of $25.43.
Seahawk Drilling, Inc (NASDAQ:HAWK) operates a jackup rig business that provides contract drilling services to the oil and natural gas exploration and production industry in the Gulf of Mexico.
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