Benzinga | Aug 9, 2021 04:57PM EDT

Tidewater Q2 EPS $(0.72) Misses $(0.51) Estimate, Sales $89.95M Miss $90.50M Estimate

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 period last year. The company reported quarterly sales of $89.95 million which missed the analyst consensus estimate of $90.50 million by 0.60 percent. This is a 4.03 percent increase over sales of $86.47 million the same period last year.