Analyst Research
| Report Title | Price |
|---|---|
|
Provider: Wright Reports
|
$368.00
|
|
Provider: Reuters Investment Profile
|
$20.00
|
|
Provider: Thomson Reuters StreetEvents
|
$75.00
|
|
Provider: GlobalData
|
$125.00
|
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Archer Ltd Comments on Q3 2012 Revenue and EBITDA Guidance
Archer Ltd (Archer) announced that the Company expects its third quarter (Q3) fiscal year 2012 results to include a non-cash impairment charge of around USD 338 million out of which USD 207 million pertains to goodwill and USD 131 million to several other assets. The Company expects its Q3 fiscal year 2012 revenue to decline approximately 3% compared with Q2 fiscal year 2012. EBITDA for Q3 fiscal year 2012 is estimated at around USD 53 million, including provisions of USD 9 million related to long standing labor disputes and other items arising predominantly from Allis-Chalmers, one of the predecessor companies of Archer. In Q2 fiscal year 2012, the Company reported revenue of USD 555 million and EBITDA of USD 70.90 million.
Latest Developments for Archer Ltd
- Archer Ltd Announces Divestiture Of North American Rental And Tubular Division To Clearlake Capital Group
- Archer Ltd Issues Q1 2013 Financial Guidance with EBITDA Outlook in Line with Analysts' Estimates
- Archer Ltd Issues Q4 2012 Revenue Guidance Above Analysts' Estimates and Q4 2012 EBITDA Guidance Below Analysts' Estimates
- CORRECTION OFFICIAL - FSA Sends Letter to Archer Ltd Regarding Late Filing
Latest Key Developments in Oil
- Sevan Drilling ASA Secures USD 1,450 Million Loan Facility and Contemplates USD 500 Million Bond Issue
- Podzemburgaz OAO Declares FY 2012 Dividend Payment for Preferred Shares; Appoints Auditor for FY 2013-SKRIN
- Sevan Drilling ASA Announces Intra-Group Merger between Sevan Drilling ASA and Wholly Owned Subsidiaries
- Share this
- Link this
- Digg this
Follow Reuters