TDW Stock Recent News

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending March 31, 2024, on Thursday, May 2, 2024 after market close. An earnings conference call has been scheduled for Friday, May 3, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2024. Investors and interested parties may liste.

Tidewater (TDW) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.30 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Friday, March 1, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three and twelve months ending December 31, 2023. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+.

Tidewater Inc. has shown significant revenue growth, expanding margins, and profitability, along with providing strong guidance for future earnings. As the leading OSV operator, Tidewater benefits from rising demand and day rates in offshore drilling. The company's expansion into the offshore wind sector presents significant growth opportunities.

Tidewater (TDW) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

For the second time in a row, Tidewater's quarterly earnings per share missed consensus expectations by a wide margin. The underperformance was mostly a result of analyst models not yet reflecting higher depreciation expense as a result of the recent $580 million acquisition of 37 vessels from Solstad Offshore. In addition, the company experienced higher-than-anticipated unplanned vessel downtime and a resulting increase in repair costs with the issue expected to persist for the remainder of the year.

Tidewater Inc. (NYSE:TDW ) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants West Gotcher - Vice President, Finance and Investor Relations Quintin Kneen - President and CEO Sam Rubio - Chief Financial Officer Piers Middleton - Chief Commercial Officer Conference Call Participants Jim Rollyson - Raymond James Greg Lewis - BTIG Operator Thank you for standing by. My name is Eric, and I will be your conference operator today.

Through this agreement, Tidewater (TDW) aims to enhance efficiency, reduce costs, and ensure maximum uptime for its fleet of vessels.

One sector generating major gains in 2023 went largely unnoticed – offshore oil stocks. Stocks in the sector exploded over the past few months, with some doubling in price (or more).

Executive compensation in the United States has seen an astronomical surge over the decades. In 1965, CEOs of the nation's largest corporations earned, on average, 20 times the salary of the typical worker.