Cal Dive International Downgraded to Sector Perform at Iberia Capital (DVR)
Shares of Cal Dive International (NYSE:DVR) opened at 0.865 on Tuesday. Cal Dive International has a 1-year low of $0.68 and a 1-year high of $2.22. The stock’s 50-day moving average is $1.22 and its 200-day moving average is $1.50. The company’s market cap is $85.4 million.
Cal Dive International (NYSE:DVR) last posted its quarterly earnings results on Monday, August 11th. The company reported ($0.21) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.16. The company had revenue of $121.70 million for the quarter, compared to the consensus estimate of $127.10 million. During the same quarter last year, the company posted ($0.02) earnings per share. Cal Dive International’s revenue was up .6% compared to the same quarter last year. Analysts expect that Cal Dive International will post $-0.21 EPS for the current fiscal year.
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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