McDermott International (MDR) Stock Price, News & Analysis

McDermott International Inc (NYSE:MDR) released its quarterly earnings results on Monday, November, 4th. The oil and gas company reported ($1.80) EPS for the quarter, missing analysts' consensus estimates of ($0.73) by $1.07. The oil and gas company earned $2.12 billion during the quarter, compared to analysts' expectations of $2.45 billion. McDermott International had a negative net margin of 56.57% and a negative trailing twelve-month return on equity of 349.92%. The company's quarterly revenue was down 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.20 earnings per share.

McDermott International's stock reverse split on the morning of Thursday, May 10th 2018. The 1-3 reverse split was announced on Wednesday, May 2nd 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 9th 2018. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other McDermott International investors own include General Electric (GE), Bank of America (BAC), Micron Technology (MU), Chicago Bridge Iron (CBI), Chesapeake Energy (CHKAQ), AT&T (T), Ford Motor (F), Alibaba Group (BABA), Freeport-McMoRan (FCX) and Advanced Micro Devices (AMD).