The company will report its earnings for FY 2016 on 02/10/2017. Generally, the company reports earnings in line with the consensus. In recent months, the 8 analysts from Thomson Reuters consensus have revised their EPS estimates upward.
Annual earnings per share is expected at -0.29 USD for 2016 (+ 62.5% from 2015). A summary of annual publications and estimates is available below.
Spectrum ASA is a Norway-based company, which provides seismic data and seismic imaging services to the global oil and gas industry. It operates within two divisions, namely Multi-Client services and Seismic Imaging. The Company's library of Multi-Client data specializes in regional coverage and includes projects from oil producing regions of the world. The Seismic Imaging offers data processing services, such as time imaging, velocity analysis, depth imaging and model building, among others. The Company is organized into four regions: North and South America, North West Europe and Africa, Mediterranean and Middle East, and Asia Pacific.The Company wholly owned six subsidiaries, such as Spectrum Geo Ltd, Fugro, Carmot Seismic AS, Carmot Processing AS, Spectrum Geo Inc and Spectrum Geo Pte Ltd, among others, as well as had two dormant joint ventures.