Transocean Ltd. Reports Second Quarter 2018 Results

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Transocean (RIG) Tops Q2 EPS by 13c, Revenues Beat

July 30, 2018 4:23 PM EDT

Transocean (NYSE: RIG) reported Q2 EPS of ($0.04), $0.13 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $790 million versus the consensus estimate of $766.09 million.

Total contract drilling revenues were $790 million, compared with $664 million in the first quarter of 2018;Revenue... More