Transocean (RIG) Tops Q1 EPS by 50c

Transocean (NYSE: RIG) reported Q1 EPS of $1.10, $0.50 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $1.91 billion.

Fleet revenue efficiency⁽²⁾ was 95.9 percent, compared to 95.3 percent in the fourth quarter of 2014. Revenue efficiency on ultra-deepwater rigs was 97.2 percent, up from 95.4 percent in the prior quarter.

For earnings history and earnings-related data on Transocean (RIG) click here.

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