Rowan Cos. Net Increases Eight Fold

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Earnings Analysis:

Rowan Cos. Net Increases Eight-Fold

Author: Ivaylo Dagnev
123jump.com
Last Update: 9:44 AM EST November 01 2005

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Rowan Cos, offshore driller, reported an almost eight-fold rise in Q3 net income to 67 cents a share, up against 9 cents a share in the year-ago period on revenue growth, beating analyst expectations of 42 cents a share.

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