Atwood Oceanics Beats Earnings

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Atwood Oceanics, Inc. ATW released its Q3 results after market close on Monday. Earnings per share came in above Wall Street consensus expectations, sending shares up 4.47 percent.

Atwood reported EPS of $1.53 and revenues of $227.8 million. Analyst consensus had an EPS estimate of $0.9 and revenues of $225.29 million.

In Q3, Atwood repurchased $145.8 million of Senior Notes for $97.4 million, including $2.4 million of accrued interest, representing an average discount of 34.8 percent.

Atwood traded at $10.75 in Monday's after-hours session, up 4.47 percent.

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