Transocean's Q3 Earnings Improve Y/Y, Sales Beat Estimates
Transocean(RIG) ZACKS·2024-11-01 20:06
Transocean Ltd. (RIG) reported third-quarter 2024 breakeven adjusted earnings per share, which beat the Zacks Consensus Estimate of a loss of 4 cents. The bottom line also improved from the year-ago period’s reported loss of 36 cents. This improvement can be attributed to strong third-quarter results from RIG's segments.This Switzerland-based offshore drilling powerhouse’s total adjusted revenues of $948 million beat the Zacks Consensus Estimate of $936 million. The top line also increased 31.5% from the ...