Transocean (RIG) Reports Q2 Loss, Lags Revenue Estimates
RIGTransocean(RIG) ZACKS·2024-08-01 07:05

Transocean (RIG) came out with a quarterly loss of 0.15pershareversustheZacksConsensusEstimateofalossof0.15 per share versus the Zacks Consensus Estimate of a loss of 0.08. This compares to loss of 0.15pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−87.500.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -87.50%. A quarter ago, it was expected that this offshore oil and gas drilling contractor would post a loss of 0.13 per share when it actually produced a loss of $0.03, delivering a surprise of 76.92%.Over the last four quarte ...