Benzinga | May 3, 2021 04:23PM EDT

Transocean Q1 EPS $(0.16) Beats $(0.18) Estimate, Contract Drilling Sales $643.00M Miss $645.71M Estimate

Transocean (NYSE:RIG) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.18) by 11.11 percent. This is a 46.67 percent increase over losses of $(0.30) per share from the same period last year. The company reported quarterly sales of $643.00 million which missed the analyst consensus estimate of $645.71 million by 0.42 percent. This is a 15.28 percent decrease over sales of $759.00 million the same period last year.