Why Is Transocean (RIG) Up 17.1% Since Last Earnings Report?
RIGTransocean(RIG) zacks.com·2024-05-30 00:35

It has been about a month since the last earnings report for Transocean (RIG) . Shares have added about 17.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Transocean due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Transocean Q1 Loss Narrower Than Expected, Reve ...