Transocean Reports Lower Q1 Profit

Loading...
Loading...
Transocean
RIG
released its first-quarter earnings results on Wednesday after the closing bell. The company reported net income of $42 million or $0.12 per share, versus $310 million or $0.96 per share, in the year ago period. The results included unfavorable items of $184 million, or $0.52 per share. Operating revenues at the company were $2.33 billion versus $2.42 billion in last year's corresponding quarter. Wall Street analysts' had consensus EPS estimates of $0.33 per share on revenues of $2.39 billion for the first-quarter.
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsIntraday UpdateMovers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...