Tidewater Q2 EPS Jumps 55%
(NYSE:TDW), the global offshore support vessel operator, released its second quarter 2025 results on August 4, 2025. GAAP diluted earnings per share were $1.46, driven by both higher-than-expected day rates and temporary gains from currency movements and tax items. Despite some operational softness in regional markets, margins remained above 50%. Management reaffirmed its previous 2025 guidance, stating that most of the 2025 revenue target is already secured through customer contracts, with 93% of guidance covered by completed and contracted future revenue as of August 4, 2025. Overall, the period captured clear improvements in cash generation, pricing power, and capital efficiency, even as some outperformance reflected non-recurring factors.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Tidewater operates the world’s largest fleet of offshore support vessels. These vessels, such as anchor handling tug supply (AHTS) ships and platform supply vessels (PSVs), transport supplies, manage anchors, tow drilling rigs, and carry out other critical support functions for offshore oil and gas activities. Operations span all major producing regions, including the Americas, Europe and the Mediterranean, West Africa, the Middle East, and Asia Pacific.
Source Fool.com
Tidewater Inc. Stock
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With a target price of 66 € there is a positive potential of 30.8% for Tidewater Inc. compared to the current price of 50.46 €.
