Noble Corp. Reveals 103% Rise In Q2 Earnings

(RTTNews) - Noble Corp. (NE) reported earnings for its second quarter that rose from last year.

The company said its bottom line totaled $322.87 million, or $1.28 per share. This was up from $159.03 million, or $0.64 per share, in last year's second quarter.

Analysts had expected the company to earn $0.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.8% to $894.78 million. This was up from $793.56 million last year.

Noble Corp. earnings at a glance:

-Earnings (Q2): $322.87 Mln. vs. $159.03 Mln. last year. -Earnings Growth (Y-o-Y): 103.0% -EPS (Q2): $1.28 vs. $0.64 last year. -EPS Growth (Y-o-Y): 100% -Analysts Estimate: $0.06 -Revenue (Q2): $894.78 Mln vs. $793.56 Mln last year. -Revenue Change (Y-o-Y): 12.8%