WASHINGTON (dpa-AFX) - Noble Corp. (NE) released a profit for its fourth quarter that gained ground from last year.
The company said its bottom line totaled $126.24 million, or $0.52 per share. This was up from $118.56 million, or $0.47 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.58 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 6.6% to $857.68 million. This was up from $804.74 million last year.
Noble Corp. earnings at a glance:
-Earnings (Q4): $126.24 Mln. vs. $118.56 Mln. last year. -Earnings Growth (Y-o-Y): 6.5% -EPS (Q4): $0.52 vs. $0.47 last year. -EPS Growth (Y-o-Y): 10.6% -Analysts Estimate: $0.58 -Revenue (Q4): $857.68 Mln vs. $804.74 Mln last year. -Revenue Change (Y-o-Y): 6.6%
Copyright RTT News/dpa-AFX
© 2016 AFX News
