Seadrill shares are trading lower after the company reported Q2 financial results and issued FY24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Seadrill shares are trading lower after the company reported Q2 financial results and issued FY24 revenue guidance below estimates.
August 07, 2024 | 11:57 am
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Seadrill shares are trading lower following the release of Q2 financial results and FY24 revenue guidance that fell short of market expectations.
The company's Q2 financial results and FY24 revenue guidance were below market expectations, leading to a negative reaction in the stock price. Investors are likely concerned about the company's future revenue prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100