Noble Corporation Ordinary Shares (UK) (NE) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.31 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.32. The company posted revenue of $612.00 million in the period, compared to analysts expectations of $633.83 million. The company’s revenue was down -23.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.
Many Wall Street Analysts have commented on Noble Corporation Ordinary Shares (UK). Noble Corporation Ordinary Shares (UK) was Downgraded by Societe Generale to ” Hold” on Apr 11, 2016. Noble Corporation Ordinary Shares (UK) was Initiated by Nomura to “Reduce” on Apr 8, 2016. Company shares were Reiterated by Jefferies on Apr 4, 2016 to “Hold”, Firm has raised the Price Target to $ 9 from a previous price target of $7 .
Noble Corporation Ordinary Shares (UK) opened for trading at $11.23 and hit $12.16 on the upside on Friday, eventually ending the session at $11.6, with a gain of 3.57% or 0.4 points. The heightened volatility saw the trading volume jump to 1,00,92,067 shares. Company has a market cap of $2,821 M.
In a different news, on Mar 8, 2016, Michael A Cawley (director) sold 20,000 shares at $13.52 per share price. According to the SEC, on Dec 29, 2015, Scott Marks (Sr. VP-Engineering) sold 21,500 shares at $12.72 per share price. On Sep 30, 2015, Bernie G. Wolford (Sr. VP-Operations) purchased 10,000 shares at $10.82 per share price, according to the Form-4 filing with the securities and exchange commission.