| Helix Energy reports 2Q loss | |
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HOUSTON (AP) _ Helix Energy Solutions Group Inc. (HLX) on Monday reported a second-quarter loss of $2.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Houston-based company said it had a loss of 3 cents.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The offshore oil and gas services contractor posted revenue of $166 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $181 million.
Helix Energy shares have decreased 48 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $11.30, a drop of 56 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLX at http://www.zacks.com/ap/HLX
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Keywords: Helix Energy, Earnings Report
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Helix Energy Solutions
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CODE : HLX |
ISIN : US42330P1075 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Helix is a and oil exploration company based in United states of america. Helix is listed in United States of America. Its market capitalisation is US$ 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. |