Oct. 24 at 9:35 PM
$RIG https://www.zacks.com/stock/news/2775583/transocean-q3-earnings-on-deck-whats-in-store-for-the-stock?cid=CS-STOCKTWITS-HL-analyst_blog|earnings_preview-2775583&adid=SYND_STOCKTWITS_HEADLINE_ANALYSTBLOG_211_2775583
Transocean will report Q3 earnings on Oct. 29, with estimates at
$0.04 per share on
$1.01B revenues.
The Ultra-Deepwater Floaters segment is projected to grow nearly 10% year over year to
$733.9M.
Average utilization is estimated at 75%, up 11.1% from last year, though costs likely rose 1.5%.
Transocean Ltd. (RIG - Free Report) is set to release third-quarter results on Oct. 29. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 4 cents per share on revenues of
$1.01 billion.
