Toward the end of trading Tuesday, the Dow traded up 0.12% to 34,405.65 while the NASDAQ fell 1.19% to 13,690.05. The S&P also fell, dropping, 0.57% to 4,384.81.
Companies Reporting Before The Bell
• Imara (NASDAQ:IMRA) is projected to report earnings for its third quarter.
• KT (NYSE:KT) is projected to report earnings for its third quarter.
Shares of Tidewater (NYSE:TDW) moved higher by 6.15% in the past three months. Before we understand the importance of debt, let us look at how much debt Tidewater has.
According to Benzinga Pro data, during Q2, Tidewater (NYSE:TDW) posted sales of $89.95 million. Earnings were up 21.05%, but Tidewater still reported an overall loss of $19.23 million.
Shares of Tidewater (NYSE:TDW) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 16.09% year over year to ($0.73), which missed the estimate of ($0.51).
Tidewater (NYSE:TDW) reported quarterly losses of $(0.72) per share which missed the analyst consensus estimate of $(0.51) by 41.18 percent. This is a 17.24 percent increase over losses of $(0.87) per share from the same
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.
Companies Reporting Before The Bell
• ViacomCBS (NASDAQ:VIAC) is projected to report quarterly earnings at $1.22 per share on revenue of $7.30 billion.