Helix Power (HLX) got here out with quarterly earnings of $0.21 per share, beating the Zacks Consen
Helix Power (HLX) got here out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.18 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 16.67%. 1 / 4 in the past, it was anticipated that this offshore oil and fuel providers contractor would publish earnings of $0.15 per share when it truly produced earnings of $0.11, delivering a shock of -26.67%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Helix Power, which belongs to the Zacks Oil and Fuel – Discipline Providers trade, posted revenues of $212.61 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 2.62%. This compares to year-ago revenues of $212.58 million. The corporate has topped consensus income estimates 4 occasions over the past 4 quarters.
The sustainability of the inventory’s speedy value…