Noble (NE) reported Q3 adjusted diluted earnings late Tuesday of $0.58 per diluted share, down from $0.87 a year earlier.
Analysts polled by Capital IQ expected $0.83.
Operating revenue for the quarter ended Sept. 30 was $800.5 million, up from $697.5 million a year earlier.
Analysts surveyed by Capital IQ expected $739.2 million.
The company said it expects Q4 revenue in the range of $850 million to $890 million.
Analysts polled by Capital IQ expect $827.1 million.
The company said its board approved an increase in share repurchase authorization of up to $400 million.
Additionally, the board authorized an interim quarterly cash dividend of $0.50 per share. The dividend is payable on Dec. 19 to shareholders of record on Dec. 5.
Price: 31.57, Change: -0.23, Percent Change: -0.72
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