10:14 AM EDT, 10/31/2024 (MT Newswires) -- Valaris ( VAL ) shares were rising past 7% in recent Thursday trading after the company reported Q3 earnings of $0.88 per diluted share, up from $0.17 a year earlier.

Analysts polled by Capital IQ expected $1.03.

Operating revenue for the quarter ended Sept. 30 was $643.1 million, up from $455.1 million a year earlier.

Analysts surveyed by Capital IQ expected $620.1 million.

Price: 52.23, Change: +3.44, Percent Change: +7.05