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

Hornbeck Offshore Services

20/02/2023 23:48

* Helix Energy Solutions Group Inc  HLX.N  reported
quarterly
adjusted earnings of 2 cents​​ per share for the quarter ended
in December. The mean expectation of seven analysts for the
quarter was for breakeven results per share.
    * Revenue rose 70.7% to $287.82 million from a year ago;
analysts
expected $253.54 million. 
    * Helix Energy Solutions Group Inc's reported EPS for the
quarter
was 2 cents​.
    * The mean earnings estimate of analysts had risen by
about 101.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Helix Energy Solutions Group Inc shares had risen by 8.1%
this
quarter.
    * The company reported quarterly net income of $2.71
million.
    * Wall Street's median 12-month price target for Helix
Energy
Solutions Group Inc is $9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
20 at 11:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.00           0.02           Beat
 Sep. 30 2022      -0.01          -0.12          Missed
 Jun. 30 2022      -0.16          -0.14          Beat
 Mar. 31 2022      -0.20          -0.28          Missed