Transocean (RIG) Reports Break-Even Earnings for Q2

What's Next for Transocean? Transocean (RIG) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to a loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this offshore oil and gas drilling contractor would post a loss of $0.12 per share when it actually produced a loss of $0.1, delivering a surprise of +1 ...