| Helix Energy misses 4Q profit forecasts | |
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HOUSTON (AP) _ Helix Energy Solutions Group Inc. (HLX) on Tuesday reported fourth-quarter earnings of $8 million.
On a per-share basis, the Houston-based company said it had net income of 8 cents.
The results fell short of Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The offshore oil and gas services contractor posted revenue of $207.2 million in the period.
For the year, the company reported profit of $195 million, or $1.85 per share. Revenue was reported as $1.11 billion.
Helix Energy shares have declined 12 percent since the beginning of the year. The stock has declined 14 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLX at http://www.zacks.com/ap/HLX
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Keywords: Helix Energy, Earnings Report
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Helix Energy Solutions
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CODE : HLX |
ISIN : US42330P1075 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Helix is a and oil exploration company based in United states of america. Helix is listed in United States of America. Its market capitalisation is US$ 1.7 billions as of today (€ 1.6 billions). Its stock quote reached its lowest recent point on April 03, 2020 at US$ 0.99, and its highest recent level on April 26, 2024 at US$ 11.32. Helix has 148 079 552 shares outstanding. |