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What happened, with direct paths to the underlying reporting
- Seadrill (SDRL) reported quarterly earnings of $0.81 per share, beating estimates. - The company's revenues for the quarter ended March 2024 were $367 million. - Seadrill shares have added about 7.3% since the beginning of the year. - Earnings outlook for Seadrill is mixed, with a Zacks Rank #3 (Hold). - Industry outlook for Oil and Gas - Drilling is currently in the bottom 27%. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Seadrill (SDRL) reported quarterly earnings of $0.81 per share, beating estimates.
- The company's revenues for the quarter ended March 2024 were $367 million.
- Seadrill shares have added about 7.3% since the beginning of the year.
- Earnings outlook for Seadrill is mixed, with a Zacks Rank #3 (Hold).
- Industry outlook for Oil and Gas - Drilling is currently in the bottom 27%.
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