Helix Energy Solutions Group, Inc. (HLX) Scheduled to Post Earnings on Tuesday

Helix Energy Solutions Group, Inc. (NYSE:HLX) will be releasing its earnings data after the market closes on Tuesday, October 17th.

Helix Energy Solutions Group (NYSE:HLX) last released its quarterly earnings data on Sunday, July 23rd. The oil and gas company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). Helix Energy Solutions Group had a negative return on equity of 1.21% and a negative net margin of 12.09%. The company had revenue of $150.30 million for the quarter, compared to analyst estimates of $141.03 million. During the same period in the previous year, the business posted ($0.10) EPS. The firm’s revenue for the quarter was up 40.2% compared to the same quarter last year. On average, analysts expect Helix Energy Solutions Group to post $-0.14 EPS for the current fiscal year and $0.16 EPS for the next fiscal year.

Shares of Helix Energy Solutions Group, Inc. (NYSE HLX) opened at 7.31 on Tuesday. Helix Energy Solutions Group, Inc. has a 12-month low of $4.82 and a 12-month high of $11.87. The firm’s market cap is $1.08 billion. The firm’s 50-day moving average is $6.89 and its 200-day moving average is $6.27.

A number of research firms have weighed in on HLX. BidaskClub cut Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Cowen and Company restated a “buy” rating and issued a $10.00 price target on shares of Helix Energy Solutions Group in a report on Tuesday, July 11th. Piper Jaffray Companies cut Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $7.00 to $7.30 in a report on Wednesday, September 27th. Morgan Stanley restated an “overweight” rating and issued a $8.00 price target (down previously from $15.00) on shares of Helix Energy Solutions Group in a report on Wednesday, June 21st. Finally, Zacks Investment Research upgraded Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $9.33.

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About Helix Energy Solutions Group

Helix Energy Solutions Group (NYSE:HLX) last released its quarterly earnings data on Sunday, July 23rd. The oil and gas company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). Helix Energy Solutions Group had a negative return on equity of 1.21% and a negative net margin of 12.09%. The company had revenue of $150.30 million for the quarter, compared to analyst estimates of $141.03 million. During the same period in the previous year, the business posted ($0.10) EPS. The firm’s revenue for the quarter was up 40.2% compared to the same quarter last year. On average, analysts expect Helix Energy Solutions Group to post $-0.14 EPS for the current fiscal year and $0.16 EPS for the next fiscal year.

Shares of Helix Energy Solutions Group, Inc. (NYSE HLX) opened at 7.31 on Tuesday. Helix Energy Solutions Group, Inc. has a 12-month low of $4.82 and a 12-month high of $11.87. The firm’s market cap is $1.08 billion. The firm’s 50-day moving average is $6.89 and its 200-day moving average is $6.27.

A number of research firms have weighed in on HLX. BidaskClub cut Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Cowen and Company restated a “buy” rating and issued a $10.00 price target on shares of Helix Energy Solutions Group in a report on Tuesday, July 11th. Piper Jaffray Companies cut Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $7.00 to $7.30 in a report on Wednesday, September 27th. Morgan Stanley restated an “overweight” rating and issued a $8.00 price target (down previously from $15.00) on shares of Helix Energy Solutions Group in a report on Wednesday, June 21st. Finally, Zacks Investment Research upgraded Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $9.33.

COPYRIGHT VIOLATION NOTICE: “Helix Energy Solutions Group, Inc. (HLX) Scheduled to Post Earnings on Tuesday” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/10/helix-energy-solutions-group-inc-hlx-scheduled-to-post-earnings-on-tuesday.html.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.

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

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