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Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates
RIGTransocean(RIG) ZACKS·2025-04-29 06:31

Transocean (RIG) came out with a quarterly loss of 0.10pershareversustheZacksConsensusEstimateofalossof0.10 per share versus the Zacks Consensus Estimate of a loss of 0.12. This compares to loss of 0.03pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof16.670.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this offshore oil and gas drilling contractor would post earnings of 0.01 per share when it actually produced a loss of $0.09, delivering a surprise of -1,000%.Over the last four quar ...