Subsea 7 (SUBCY) Expected to Announce Quarterly Earnings on Thursday

Subsea 7 (OTCMKTS:SUBCY) is expected to be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect Subsea 7 to post earnings of $0.22 per share and revenue of $1.81 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Subsea 7 Stock Performance

Subsea 7 stock opened at $15.84 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 0.16. Subsea 7 has a 1-year low of $13.80 and a 1-year high of $19.60. The firm has a market cap of $4.79 billion, a P/E ratio of 79.20 and a beta of 1.71. The firm has a 50-day moving average of $16.53 and a 200-day moving average of $16.59.

About Subsea 7

Subsea 7 SA delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore.