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Seadrill (NASDAQ:SDRL) will announce its Q214 earnings results on Wednesday, August 27th. Analysts expect Seadrill to post earnings of $0.74 per share and revenue of $1.28 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Seadrill (NASDAQ:SDRL) last issued its quarterly earnings data on Wednesday, May 28th. The company reported $6.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $5.55. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the company posted $0.72 earnings per share. The company’s quarterly revenue was down 3.5% on a year-over-year basis. On average, analysts expect Seadrill to post $3.04 EPS for the current fiscal year and $3.58 EPS for the next fiscal year.

Seadrill (NASDAQ:SDRL) opened at 36.94 on Tuesday. Seadrill has a 52-week low of $32.40 and a 52-week high of $48.09. The stock has a 50-day moving average of $37.24 and a 200-day moving average of $36.4. The company has a market cap of $17.329 billion and a P/E ratio of 3.38.

SDRL has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Seadrill in a research note on Monday, August 4th. They now have a $36.00 price target on the stock, down previously from $40.00. On the ratings front, analysts at Zacks upgraded shares of Seadrill from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 30th. They now have a $37.40 price target on the stock. Finally, analysts at Global Hunter Securities downgraded shares of Seadrill from a “buy” rating to an “accumulate” rating in a research note on Wednesday, July 30th. They now have a $37.00 price target on the stock, down previously from $41.00. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $41.95.

Seadrill Limited an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry.

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