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Hornbeck Offshore Issues 2008 Guidance

Offshore oil service company Hornbeck Offshore Services Inc. on Thursday issued guidance for 2008 earnings that could come in below Wall Street estimates.

The company expects full-year earnings-per-share between $3.68 and $4.16. Analysts polled by Thomson Financial, on average, estimate earnings of $4.10 per share.

Earnings before interest, taxes, depreciation and amortization are expected to be $220 million to $240 million. Top of page





http://money.cnn.com/news/newsfeeds/articles/apwire/


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