Energy·Oil & Gas Drilling·$3.0B
Seadrill 2021 Ltd (SDRL) operates in the energy sector, specifically in oil and gas drilling. As a key player in this industry, its performance is influenced by global oil prices and drilling demand, which are critical factors for investors to watch.
Earnings Per Share (EPS)
EPS is a crucial indicator of the company's profitability and financial health, which investors will closely monitor this quarter.
Revenue
While revenue estimates are not available, any reported figures will help gauge the company's operational performance and market demand.
Wall Street expectations, options signals, track record, and call prep available with Pro.
EPS Beat Streak
0Q
EPS Beat Rate
50%
Avg EPS Surprise
+158.32%
Avg Stock Reaction
-0.76%
In the last quarter, Seadrill reported an EPS of -$0.16, significantly missing estimates. The stock reacted mildly positive the following day, indicating mixed investor sentiment.
Management Promises & Guidance
Overall, expectations for Seadrill's upcoming earnings are uncertain due to recent performance misses and lack of guidance. Investors are cautious as they await any signs of recovery.
Bull Case
If Seadrill can demonstrate improved operational efficiency and a rebound in drilling demand, it could lead to a positive surprise in earnings.
Bear Case
Conversely, continued losses or weak revenue could reinforce concerns about the company's viability in a challenging market.
Earnings Per Share (EPS)
N/AEPS is a crucial indicator of the company's profitability and financial health, which investors will closely monitor this quarter.
Revenue
N/AWhile revenue estimates are not available, any reported figures will help gauge the company's operational performance and market demand.
The print will turn on these two things.
Q1
What will be the reported EPS this quarter?
Given the company's recent history of EPS misses, any improvement or continued losses will heavily influence investor sentiment.
Q2
How is Seadrill addressing operational challenges?
Investors will be keen to hear about management's strategies to improve efficiency and profitability in a competitive environment.
Why consensus could be wrong
The Street may be underestimating the potential for a turnaround, as recent operational adjustments could lead to improved results this quarter.
Supporting Evidence
Despite recent EPS misses, the company has a history of surprising positively when operational improvements are implemented.
Options pricing suggests a significant move, indicating that traders are anticipating a shift in sentiment.
The company's market cap of $3B allows for flexibility in navigating market challenges.
Key Risk
If the EPS comes in better than expected, it could shift the narrative around Seadrill's recovery.
Pre-commit to what would confirm each case.
The core thesis revolves around whether Seadrill can turn around its recent performance and regain investor confidence.
Bull Confirmed If
A positive EPS surprise of $0.10 or better would confirm the bull case.
Bear Confirmed If
An EPS loss greater than $0.20 would reinforce the bear case.
Implied Move
±5%
Historical Avg
±1.8%
The options market is pricing in a 5% move, suggesting that traders expect significant volatility around the earnings announcement.
Options are pricing ±5.0% while SDRL has averaged ±1.8% over the last 8 prints — setup is pricing rich.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If Seadrill beats expectations, history suggests a potential average move of +2.47%, confirming a recovery narrative.
In-Line / Cautious
If results are in line with expectations, the stock may see muted movement as investors await further clarity from management.
Miss
Should the company miss expectations again, history suggests a potential average move of -0.17%, indicating continued investor caution.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
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Aug 18, 2020