Seadrill Q1 EPS $(0.11) Beats $(0.23) Estimate, Sales $358.000M Beat $325.801M Estimate

Seadrill (NYSE:SDRL) reported quarterly losses of $(0.11) per share which beat the analyst consensus estimate of $(0.23) by 52.17 percent. This is a 52.17 percent increase over losses of $(0.23) per share from the same period last year. The company reported quarterly sales of $358.000 million which beat the analyst consensus estimate of $325.801 million by 9.88 percent. This is a 6.87 percent increase over sales of $335.000 million the same period last year.