Noble Corp. (NE) has released its second-quarter earnings, which not only showed significant growth compared to the previous year but also surpassed Wall Street expectations.
The company reported earnings of $195.008 million, translating to $1.34 per share. This is a considerable increase from the $65.816 million, or $0.45 per share, recorded in the same quarter last year.
Excluding special items, Noble Corp.'s adjusted earnings for the period stood at $105.306 million, or $0.72 per share.
Analysts, as per Thomson Reuters data, had forecasted an average earnings per share of $0.63, which typically excludes special items.
For the quarter, Noble Corp.'s revenue saw an 8.5% increase, reaching $692.844 million from last year’s $638.535 million.
### Noble Corp. Earnings Snapshot (GAAP):
- **Earnings (Q2):** $195.008 million vs. $65.816 million last year
- **EPS (Q2):** $1.34 vs. $0.45 last year
- **Revenue (Q2):** $692.844 million vs. $638.535 million last year
### Guidance:
- **Full-Year Revenue:** $2,650 - $2,750 million
