Subsea 7 Q2 EPS $0.85 Beats $0.61 Estimate, Sales $1.927B Beat $1.906B Estimate

SUBSEA 7 S.A.

SUBSEA 7 S.A.

SUBCY

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Subsea 7 (OTC: SUBCY) reported quarterly earnings of $0.85 per share which beat the analyst consensus estimate of $0.61 by 39.34 percent. This is a 88.89 percent increase over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $1.927 billion which beat the analyst consensus estimate of $1.906 billion by 1.12 percent. This is a 9.74 percent increase over sales of $1.756 billion the same period last year.
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