Benzinga | May 6, 2021 05:33PM EDT

Tidewater Q1 Adj. EPS $(0.86) Misses $(0.50) Estimate, Sales $83.50M Miss $86.75M Estimate

Tidewater (NYSE:TDW) reported quarterly losses of $(0.86) per share which missed the analyst consensus estimate of $(0.50) by 72 percent. This is a 4400 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $83.50 million which missed the analyst consensus estimate of $86.75 million by 3.74 percent. This is a 18.41 percent decrease over sales of $102.34 million the same period last year.