Rowan Cos. (RDC) Posts Q4 EPS of $0.04, Before Items

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/13/2026

1. WDAY
2. JNJ
3. AAPL
4. META
5. NRIX
6. OIG
7. SUNS
8. SNDX
9. CRDO
10. ACI

Go back to Rowan Cos. (RDC) Posts Q4 EPS of $0.04, Before Items

Rowan Reports Third Quarter 2016 Results

November 1, 2016 6:45 AM EDT

HOUSTON, Nov. 1, 2016 /PRNewswire/ -- For the quarter ended September 30, 2016, Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) reported net income of $5.5 million, or $0.04 per diluted share, compared to a net loss of $239.4 million, or $1.92 per diluted share, in the third quarter of 2015. Net income for the current quarter included a $34.3 million (after tax), or $0.27 per share, non-cash asset impairment charge and a $1.4 million (after tax), or $0.01 per share, credit from a litigation-related matter. The net loss for the prior-year quarter included a $273.8 million (after tax), or $2.19 per share, non-cash asset... More