Helix Energy Solutions Group Inc reports results for the quarter ended December 31 - Earnings Summary

Hornbeck Offshore Services

24/02/2025 23:53

* Helix Energy Solutions Group Inc  HLX.N  reported
quarterly
adjusted earnings of 13 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 6 cents.  The mean expectation of
five analysts for the quarter was for earnings of 9 cents per
share. Wall Street expected results to range from 3 cents to 18
cents per share.
    * Revenue rose 6% to $355.13 million from a year ago;
analysts
expected $311.69 million. 
    * Helix Energy Solutions Group Inc's reported EPS for the
quarter
was 13 cents​.
    * The company reported quarterly net income of $20.12
million.
    * Helix Energy Solutions Group Inc shares had fallen
by 15.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Helix Energy
Solutions Group Inc is $14.17 
This summary was machine generated from LSEG data February 24 at
11:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.09           0.13           Beat
 Sep. 30 2024      0.17           0.19           Beat
 Jun. 30 2024      0.13           0.21           Beat
 Mar. 31 2024      0.02           -0.17          Missed