Seadrill Limited Earnings: Your Sneak Peek to the Big Announcement

Seadrill Limited (NYSE:SDRL) will report earnings before markets open on Tuesday, May 28th. Seadrill Ltd. provides contract drilling services. The Company’s fleet includes semisubmersible rigs and jackup rigs.

Here is your Cheat Sheet to Seadrill Limited Earnings:

Earnings Expectations: Analysts expect earnings of $0.58 per share on revenues of $1.14 billion. Currently, the company’s P/E ratio stands at 17.34.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.67 to a profit $0.6. For the current year, the average estimate is a profit of $2.79, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Seadrill Limited has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 3,254 4,041 4,912 4,478
Diluted EPS ($) 3.00 2.61 2.91 2.42

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,050.00 1,122.00 1,092.00 1,215.00
Diluted EPS ($) 0.85 1.09 0.40 0.04

Past Performance:
Seadrill Limited has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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