* Helix Energy Solutions Group Inc reported quarterly adjusted earnings of 19 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of five analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 14 cents to 21 cents per share.
* Revenue fell 13.5% to $342.42 million from a year ago; analysts expected $362.42 million.
* Helix Energy Solutions Group Inc's reported EPS for the quarter was 19 cents.
* The company reported quarterly net income of $29.51 million.
* Helix Energy Solutions Group Inc shares had fallen by 12.5% this quarter and lost 5.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.8% 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 6 "strong buy" or "buy," no "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 $14.67 This summary was machine generated from LSEG data October 24 at 02:57 a.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
Sep. 30 2024 0.17 0.19 Beat
Jun. 30 2024 0.13 0.21 Beat
Mar. 31 2024 0.02 -0.17 Missed
Dec. 31 2023 0.11 0.06 Missed
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