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

Hornbeck Offshore Services

24/04/2025 24:18

Helix Energy Solutions Group Inc HLX.N reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -17 cents.  The mean expectation of five analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -5 cents to 7 cents per share.

Revenue fell 6.1% to $278.06 million from a year ago; analysts expected $284.24 million.

Helix Energy Solutions Group Inc's reported EPS for the quarter was 2 cents​.

The company reported quarterly net income of $3.07 million.

Helix Energy Solutions Group Inc shares had fallen by 21.5% this quarter and lost 30.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 98.1% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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 April 23 at 11:17 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
Mar. 31 2025
0.00
0.02
Beat
Dec. 31 2024
0.09
0.13
Beat
Sep. 30 2024
0.17
0.19
Beat
Jun. 30 2024
0.13
0.21
Beat