$-0.12 EPS Expected for Seadrill Ltd (SDRL)

November 19, 2017 - By Peter Erickson

Wall Street await Seadrill Ltd (NYSE:SDRL) to release earnings on November, 28. Analysts forecast earnings per share of $-0.12, down exactly $0.40 or 142.86 % from 2014’s $0.28 EPS. The stock increased 0.84% or $0.003 on November 17, reaching $0.313. About 3.01M shares traded. Seadrill Ltd (NYSE:SDRL) has declined 83.13% since November 19, 2016 and is downtrending. It has underperformed by 99.83% the S&P500.

Seadrill Ltd (NYSE:SDRL) Ratings Coverage

Among 10 analysts covering Seadrill (NYSE:SDRL), 2 have Buy rating, 3 Sell and 5 Hold. Therefore 20% are positive. Seadrill had 21 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was initiated by JP Morgan on Monday, January 18 with “Underweight”. On Wednesday, September 2 the stock rating was downgraded by Vetr to “Buy”. On Monday, November 30 the stock rating was downgraded by Oppenheimer to “Perform”. As per Thursday, August 20, the company rating was downgraded by Vetr. The stock has “Hold” rating by ValuEngine on Monday, May 29. The stock of Seadrill Ltd (NYSE:SDRL) has “Underweight” rating given on Friday, January 15 by JP Morgan. Credit Suisse downgraded Seadrill Ltd (NYSE:SDRL) on Thursday, September 3 to “Underperform” rating. The rating was downgraded by Seaport Global Securities to “Neutral” on Friday, December 18. The stock of Seadrill Ltd (NYSE:SDRL) earned “Strong-Buy” rating by Vetr on Friday, August 28. Bank of America maintained the shares of SDRL in report on Saturday, August 29 with “Neutral” rating.

Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the gas and oil industry. The company has market cap of $154.29 million. The Company’s primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for activities in shallow-, mid-, deep-, and ultra deepwater areas, and in benign and harsh environments. It currently has negative earnings. The Company’s divisions are Floaters and Jack-ups.

More important recent Seadrill Ltd (NYSE:SDRL) news were published by: Seekingalpha.com which released: “Seadrill Rallies As Bondholders Step Up The Game” on November 08, 2017, also Seekingalpha.com published article titled: “Seadrill - Jumping Up 36% Out Of The Blue, Or Is It Really?”, Seekingalpha.com published: “Seadrill: Should We Expect Another Big Move?” on November 14, 2017. More interesting news about Seadrill Ltd (NYSE:SDRL) was released by: Wsj.com and their article: “As Seadrill Foundered, Lawyers, Executives Profited” with publication date: November 14, 2017.

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