Cal Dive International (DVR) Scheduled to Post Earnings on Thursday
Cal Dive International (NYSE:DVR) is scheduled to release its Q114 earnings data on Thursday, May 8th. Analysts expect Cal Dive International to post earnings of ($0.10) per share and revenue of $130.26 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Cal Dive International (NYSE:DVR) last released its earnings data on Tuesday, March 4th. The company reported ($0.01) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.02) by $0.01. The company had revenue of $159.81 million for the quarter, compared to the consensus estimate of $172.62 million. During the same quarter in the prior year, the company posted ($0.05) earnings per share. The company’s quarterly revenue was up 9.2% on a year-over-year basis. On average, analysts expect Cal Dive International to post $-0.18 EPS for the current fiscal year and $-0.08 EPS for the next fiscal year.
Shares of Cal Dive International (NYSE:DVR) opened at 1.49 on Wednesday. Cal Dive International has a 1-year low of $1.44 and a 1-year high of $2.38. The stock’s 50-day moving average is $1.62 and its 200-day moving average is $1.78. The company’s market cap is $147.1 million.
On a related note, analysts at Zacks upgraded shares of Cal Dive International from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $1.50 price target on the stock.
Cal Dive International, Inc (NYSE:DVR) is a marine contractor that provides manned diving, pipelay and pipe burial, platform installation and platform salvage services to a diverse customer base in the offshore oil and natural gas industry.
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