RTTNews) - Hercules Offshore Inc. ( HERO | charts | news | PowerRating ) is currently trading higher by $2.23 on 51,000 shares in the pre-market session.
Monday, Hercules Offshore Inc. reported first quarter net income of $33.4 million or $1.03 per diluted share compared to $30.9 million or $1.00 per diluted share for the prior-year quarter. Excluding the effect of this item, net income was $12.3 million or $0.40 per diluted share, in the first quarter 2006.
Revenues for the quarter jumped to $110.5 million from $56.1 million for the first quarter 2006.
On average, twelve analysts polled by First Call/Thomson Financial expected the company to earn $0.84 per share on revenues of $105.76 million.
$31.92 (04/30/07)
