SeaDrill Limited (NYSE:SDRL) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
SeaDrill Limited Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 94.52% to $0.04 in the quarter versus EPS of $0.73 in the year-earlier quarter.
Revenue: Rose 12.4% to $1.22 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: SeaDrill Limited reported adjusted EPS income of $0.04 per share. By that measure, the company missed the mean analyst estimate of $0.58. It beat the average revenue estimate of $1.11 billion.
Quoting Management: There was no comment from the management
Key Stats (on next page)…