ESV - Ensco: Q3 2018 Earnings Analysis
On Monday, October 29, 2018, offshore drilling giant Ensco plc (ESV) announced its third quarter 2018 earnings results. The initial headline numbers here were certainly impressive as the company beat the expectations of analysts on both the top- and bottom-lines. There were indeed some very real reasons for optimism here as the offshore drilling industry continues its very slow recovery. However, Ensco is still plagued with costs and other problems caused by last year's acquisition of Atwood Oceanics and now the company may be adding further to its integration issues with the