Noble Q3 Profit Declines, Director Almanza To Step Down From Board

(RTTNews) - Noble Corporation plc (NE) reported third-quarter net income attributable to the company of $127.18 million or $0.49 per share, down from $281.96 million or $1.10 per share last year.

On average, 30 analysts polled by Thomson Reuters expected the company to report profit per share of $0.53 for the quarter. Analysts' estimates typically exclude special items.

However, revenues for the quarter grew to $828.80 million from $640.51 million in the year-ago period. Analysts expected revenue of $820.10 million for the quarter.

In a separate statement, Noble Corp. said that Ashley Almanza informed the company's board of directors that he has decided to resign his position on the board effective with the selection of his replacement.

Almanza is the Chief Executive Officer of G4S, a global integrated security company specializing in the provision of security products, services and solutions. He has served on Noble's board since June 2013.