#transocean
transocean
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#Transocean : The Pre-Earnings Pop That’s Looking Past Soft Near-Term Numbers.
Transocean reports third-quarter results after the close on Monday, with consensus pointing to EPS of $0.02 (down 66.7% year over year) and revenue of $942.29 million (down 8.5%). Shares nevertheless rose 4.63% to $7.00, suggesting investors are focused more on forward indicators than the expected soft print.
{stock_us}(RIG.US)
For an offshore driller, backlog, day rates, utilization, and contract tendering often matter more than a single quarter’s earnings. Management commentary on pricing strength, customer capital spending, and liquidity will decide whether the pre-report gain holds or fades once the numbers are out.
$RIG.US #CoinVahini #Transocean #OilServices #EarningsSeason
#Transocean : The Pre-Earnings Pop That’s Looking Past Soft Near-Term Numbers.
Transocean reports third-quarter results after the close on Monday, with consensus pointing to EPS of $0.02 (down 66.7% year over year) and revenue of $942.29 million (down 8.5%). Shares nevertheless rose 4.63% to $7.00, suggesting investors are focused more on forward indicators than the expected soft print.
For an offshore driller, backlog, day rates, utilization, and contract tendering often matter more than a single quarter’s earnings. Management commentary on pricing strength, customer capital spending, and liquidity will decide whether the pre-report gain holds or fades once the numbers are out.
$RIG.US #CoinVahini #Transocean #OilServices #EarningsSeason
Transocean reports third-quarter results after the close on Monday, with consensus pointing to EPS of $0.02 (down 66.7% year over year) and revenue of $942.29 million (down 8.5%). Shares nevertheless rose 4.63% to $7.00, suggesting investors are focused more on forward indicators than the expected soft print.
For an offshore driller, backlog, day rates, utilization, and contract tendering often matter more than a single quarter’s earnings. Management commentary on pricing strength, customer capital spending, and liquidity will decide whether the pre-report gain holds or fades once the numbers are out.
$RIG.US #CoinVahini #Transocean #OilServices #EarningsSeason
RIGUS-5.44%
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