Seadrill (SDRL) Q4 Earnings Surpass Estimates

Core Viewpoint - Seadrill reported quarterly earnings of $1.07 per share, significantly exceeding the Zacks Consensus Estimate of a loss of$0.34 per share, marking an earnings surprise of 414.71% [1] - The company posted revenues of $289 million for the quarter ended December 2024, which fell short of the Zacks Consensus Estimate by 3.51$408 million year-over-year [2] Financial Performance - Seadrill has surpassed consensus EPS estimates in all four of the last quarters [2] - The company has also topped consensus revenue estimates three times over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $1.06 on revenues of$376.5 million, while for the current fiscal year, it is $3.72 on revenues of$1.46 billion [7] Market Position and Outlook - Seadrill shares have underperformed the market, losing approximately 27.7% since the beginning of the year, compared to a 1.3% gain in the S&P 500 [3] - The Zacks Rank for Seadrill is currently 5 (Strong Sell), indicating expectations of underperformance in the near future [6] - The Oil and Gas - Drilling industry is currently ranked in the bottom 14% of over 250 Zacks industries, suggesting a challenging environment for the sector [8]