Helix Energy Solutions Group Inc (HLX, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $362.42 million, and the earnings are expected to come in at $0.18 per share. The full year 2024's revenue is expected to be $1.35 billion and the earnings are expected to be $0.30 per share. More detailed estimate data can be found on the Forecast page.
Helix Energy Solutions Group Inc (HLX, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Helix Energy Solutions Group Inc (HLX) have increased from $1.30 billion to $1.35 billion for the full year 2024, and declined from $1.41 billion to $1.41 billion for 2025. Earnings estimates for the full year 2024 have increased from $0.12 per share to $0.30 per share, and for 2025, earnings estimates have risen from $0.53 per share to $0.73 per share.
Helix Energy Solutions Group Inc (HLX, Financial) Reported History
In the previous quarter of 2024-06-30, Helix Energy Solutions Group Inc's (HLX) actual revenue was $364.80 million, which beat analysts' revenue expectations of $339.20 million by 7.55%. Helix Energy Solutions Group Inc's (HLX) actual earnings were $0.21 per share, which beat analysts' earnings expectations of $0.125 per share by 68%. After releasing the results, Helix Energy Solutions Group Inc (HLX) was down by -1.49% in one day.
Helix Energy Solutions Group Inc (HLX, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for Helix Energy Solutions Group Inc (HLX) is $14.81 with a high estimate of $17 and a low estimate of $12.50. The average target implies an upside of 52.49% from the current price of $9.71.
Based on GuruFocus estimates, the estimated GF Value for Helix Energy Solutions Group Inc (HLX, Financial) in one year is $10.44, suggesting an upside of 7.52% from the current price of $9.71.
Based on the consensus recommendation from 6 brokerage firms, Helix Energy Solutions Group Inc's (HLX, Financial) average brokerage recommendation is currently 1.7, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
