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SDRL.OL is up 3.37% at this point. Any comments from the know-it-all-know-f.-all dcks on here? Nah, thought not... Be on SDRL tomorrow!
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Seadrill beats 1Q profit forecasts
HAMILTON, Bermuda (AP) _ Seadrill Ltd. (SDRL) on Wednesday reported first-quarter earnings of $65 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 13 cents. Earnings, adjusted for non-recurring gains, came to 6 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The offshore drilling contractor posted revenue of $569 million in the period.
The company's shares closed at 59 cents. A year ago, they were trading at $3.10.
HAMILTON, Bermuda (AP) _ Seadrill Ltd. (SDRL) on Wednesday reported first-quarter earnings of $65 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 13 cents. Earnings, adjusted for non-recurring gains, came to 6 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The offshore drilling contractor posted revenue of $569 million in the period.
The company's shares closed at 59 cents. A year ago, they were trading at $3.10.