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

• 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)