Earnings Preview For Transocean
Portfolio Pulse from Benzinga Insights
Transocean (NYSE:RIG) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an EPS of $-0.23. Last quarter, the company missed EPS by $0.03, resulting in a 4.89% drop in share price. Shares of Transocean were trading at $6.69 as of October 26, and over the last 52-week period, shares are up 78.4%.
October 27, 2023 | 7:01 pm
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Transocean's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 4.89% drop in share price.
Transocean's stock price has historically been sensitive to its earnings reports. Last quarter, the company missed its EPS estimate, which led to a significant drop in its share price. The upcoming earnings report could have a similar impact, especially if the company misses its EPS estimate again.
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