Evercore ISI Maintains Sell on Transocean (RIG), But Says Earnings Have Positive Implications

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Transocean (RIG) Tops Q1 EPS by 50c

May 6, 2015 4:21 PM EDT

Transocean (NYSE: RIG) reported Q1 EPS of $1.10, $0.50 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $1.91 billion.

Fleet revenue efficiency(2) was... More