Diamond Offshore (DO) Posts Q2 EPS of $1.61, Shy of Views; Declares Special $0.75 Dividend

Diamond Offshore (NYSE: DO) reports Q2 EPS of $1.61, versus the analyst estimate of $1.78. Revenue for the quarter was $822.6 million, which compares to the estimate of $863.30 million. The company also announced today that the Company has declared a special quarterly cash dividend of $0.75 per share of common stock and a regular quarterly cash dividend of $0.125 per share of common stock. Both dividends are payable on September 1, 2010 to shareholders of record on August 2, 2010.... Read more

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