Transocean (RIG) reported $988 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 14.8%. EPS of $0 for the same period compares to -$0.15 a year ago.
The reported revenue represents a surprise of +2.05% over the Zacks Consensus Estimate of $968.14 million. With the consensus EPS estimate being -$0.01, the EPS surprise was +100%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Transocean performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Utilization - Total fleet average rig utilization: 67.3% versus 68.2% estimated by three analysts on average.
- Utilization - Ultra-Deepwater Floaters: 64.7% versus the three-analyst average estimate of 63.5%.
- Average Daily Revenue - Harsh Environment Floaters: $462.4 thousand versus $450.57 thousand estimated by three analysts on average.
- Average Daily Revenue - Total fleet average daily revenue: $458.6 thousand versus $449.27 thousand estimated by three analysts on average.
- Average Daily Revenue - Ultra Deepwater Floaters: $457.2 thousand versus the three-analyst average estimate of $449.05 thousand.
- Utilization - Harsh Environment Floaters: 75.3% versus the three-analyst average estimate of 82.3%.
- Contract drilling revenues- Harsh Environment Floaters: $289 million versus $256.51 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.3% change.
- Contract drilling revenues- Ultra-Deepwater Floaters: $699 million compared to the $690.04 million average estimate based on two analysts. The reported number represents a change of +15.4% year over year.
View all Key Company Metrics for Transocean here>>>
Shares of Transocean have returned +1.8% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Transocean Ltd. (RIG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
