Ensco International Inc (ESV) Earnings Report Preview For Thursday's Release
Ensco International Inc (NYSE:ESV) is nearing the of release last fiscal quarter's results before the opening bell on February 23, 2012. We can review how Ensco International Inc has executed for investors recently.
Who They Are:
Ensco plc, together with its subsidiaries, provides offshore contract drilling services to the oil and gas industry. The company was founded in 1975 and is based in London, United Kingdom. Ensco Plc trades an average of 3 million shares per day and has a marketcap of $12.7 Billion.
52 Week High: $60.31
52 Week Low: $37.39
Book Value: $46.46
Float Short: 1.68%
What To Expect:
Analysts are expecting an improvement of $0.11 in earnings per share compared to last quarter's results of $0.87. A beat of $0.98 per share will top the estimated mean earnings.
Analyst estimates range between $0.83 and $1.31 per share.
Here is a look at the fiscal year revenue for Ensco International Inc. 
Recent Stock and Valuation Performance:
Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months P/E ratio is 19.4, while the forward P/E ratio is now 9.33. An upside earnings report may provide greater wind in the sails.
Looking at the price movement over the last month, the stock has moved higher in price 7.47%, and changing from last year at this time 4.24%.
The stock is performing better than the overall market with a relative gain. When comparing to the S&P 500, the year to date difference is 9.30%.
The company has falling revenue year-over-year of $1.70 billion for 2010 vs. $1.89 billion for 2009. The bottom line has falling earnings year-over-year of $579.50 million for 2010 vs. $779.40 million for 2009.The company's earnings before interest and taxes are falling with an EBIT year-over-year of $626.30 million for 2010 vs. $926.40 million for 2009. Lower revenue along with a drop in earnings is often one of the last signs to get out of the way of a falling stock price.
The short interest is relatively low at 1.68%.
Here is the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
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