Ensco Reports Lower Third-quarter Earnings

Ensco PLC late Wednesday reported its third-quarter earnings fell to $293.8 million, or $1.34 a share, from $432.9 million, or $1.79 a share, a year earlier. The results reflect a loss of 10 cents a share from discontinued operation related to equipment for sale and rigs no longer on the company's balance sheet. Revenue fell to $1.01 billion from $1.2 billion a year ago. Shares of Ensco were unchanged in after-hours trading.