Seadrill reports Q4 EPS 49c, may not compare to consensus 77c Reports Q4 revenue $1.47B, consensus $1.41B. Net financial and other items for the quarter showed a loss of $286M compared to a loss of $96M in the previous quarter. The loss is primarily related to Seadrill's share of the losses in the investment in Archer of $185M, which is mainly due to Archer's own non-cash impairment of goodwill and other long lived assets of $430M.
Seadrill reports Q4 EPS 32c, consensus 63c Reports Q4 revenue $1.26B, consensus $1.25B. Net income was negatively impacted by a non-cash impairment of goodwill of US$232 million relating to the Jack-up segment.