Compared to Estimates, Transocean (RIG) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2023, Transocean (RIG) reported revenue of $748 million, up 19.7% over the same period last year. EPS came in at -$0.09, compared to -$0.49 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $779.17 million, representing a surprise of -4.00%. The company delivered an EPS surprise of +59.09%, with the consensus EPS estimate being -$0.22.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...