Helix Energy Solutions Group (HLX) Scheduled to Post Quarterly Earnings on Wednesday

Helix Energy Solutions Group (NYSE:HLX) will issue its quarterly earnings data after the market closes on Wednesday, July 24th. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

Helix Energy Solutions Group (NYSE:HLX) last announced its quarterly earnings results on Monday, April 22nd. The oil and gas company reported $0.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.03. The company had revenue of $166.82 million during the quarter, compared to analysts’ expectations of $162.82 million. Helix Energy Solutions Group had a return on equity of 2.00% and a net margin of 4.37%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.02) earnings per share. On average, analysts expect Helix Energy Solutions Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NYSE HLX opened at $8.29 on Tuesday. Helix Energy Solutions Group has a fifty-two week low of $5.05 and a fifty-two week high of $10.89. The company has a fifty day moving average of $8.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market capitalization of $1.20 billion, a PE ratio of 43.63 and a beta of 2.78.

Several equities analysts recently commented on HLX shares. Zacks Investment Research cut Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th. Raymond James boosted their target price on Maverix Metals from C$5.50 to C$6.00 and gave the stock an “outperform” rating in a research report on Friday, June 7th. Finally, Johnson Rice upgraded Helix Energy Solutions Group from an “accumulate” rating to a “buy” rating in a research report on Wednesday, April 24th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. Helix Energy Solutions Group currently has an average rating of “Buy” and a consensus target price of $10.08.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.

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Earnings History for Helix Energy Solutions Group (NYSE:HLX)

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