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

Hornbeck Offshore Services

27/07/2023 01:07

* Helix Energy Solutions Group Inc  HLX.N  reported
quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 3 cents per share.
    * Revenue rose 89.9% to $308.82 million from a year ago;
analysts
expected $273.95 million. 
    * Helix Energy Solutions Group Inc's reported EPS for the
quarter
was 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 60.4%
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 15.6%
this
quarter.
    * The company reported quarterly net income of $7.1 million.
    * Wall Street's median 12-month price target for Helix
Energy
Solutions Group Inc is $11.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 12:07 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.03           0.05           Beat
 Mar. 31 2023      -0.04          -0.03          Beat
 Dec. 31 2022      0.00           0.02           Beat
 Sep. 30 2022      -0.01          -0.12          Missed