Noble Corp. reports Q1 adjusted EPS 26c, consensus 35c

Reports Q1 revenue $874M, consensus $859.37M. Robert Eifler, President and CEO of Noble, stated “Our strong first quarter financial results and recent contract awards have demonstrated the effectiveness of our First Choice OffshoreSM strategy amid prevalent macroeconomic volatility. Moreover, the booking of over 15 rig years of new contract awards over the past several weeks underscores the durability of our customers’ long-term commitments offshore, as well as Noble’s place as a trusted service provider for these highly strategic drilling campaigns.”