Seadrill Expected to Post Q1 Loss of 24 Cents/Share Amid 36.6% Drop in Analyst Estimates
SDRL has more than doubled off its 52-week low of $22.3 on light trading volume (0.2× avg).
Summary
Seadrill Ltd is projected to report a loss of 24 cents per share for the first quarter ending March 31, 2026, alongside an expected 2.7% decrease in revenue to $325.8 million. This outlook reflects a significant deterioration in analyst sentiment, with the mean earnings estimate having fallen by approximately 36.6% over the last three months. Given the company's previous net loss of $77 million in 2025 and the stock currently trading near its 52-week high, these lowered expectations for Q1 could exert downward pressure. Traders will be closely watching the actual earnings release on May 11 for confirmation or further surprises.
At the time of this announcement, SDRL was trading at $48.10 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $3B. The 52-week trading range was $22.30 to $50.24. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.