Diamond Offshore Drilling Inc. (DO - Analyst Report) has reported second quarter 2011 earnings of $1.92 per share, striding ahead of the Zacks Consensus Estimate of $1.90. The quarter’s results also showed an improvement from $1.61 earned a year ago.
Total revenue in the quarter increased approximately 8% year over year to $889.5 million, handily beating the Zacks Consensus Estimate of $871 million.
Dividend Story
Diamond Offshore declared a 75 cent per share special dividend in the quarter, which remained unchanged from the prior quarter. The company will also pay its regular quarterly dividend of 12.5 cents per share (50 cents per share annualized).
Why didn`t I sell at a profit
