28 January 2009

TDW: Fiscal 2009 Third Quarter Earnings

Tidewater Inc. (NYSE: TDW) has announced earnings for the quarter that ended on 31 December 2008.

The results substantially succeeded our expectations.  A full GCFR analysis will be posted in the next day or two, but our initial estimate is that our Overall Gauge rose from 34 to 56 points.

Please note that the tabular format below, which we use for all analyses, can and often does differ in material respects from company-used formats. A common difference is the classification of income and expenses as Operating and Non-Operating.  The standardization is simply for convenience and to facilitate cross-company comparisons.


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