Helix Energy Solns Gr Q2 EPS $0.05 Beats $0.03 Estimate, Sales $308.82M Beat $273.95M Estimate
Portfolio Pulse from sunil@benzinga.com
Helix Energy Solns Gr (NYSE:HLX) reported Q2 earnings of $0.05 per share, beating the analyst consensus estimate of $0.03 by 66.67%. This is a 125% increase over losses of $(0.20) per share from the same period last year. The company also reported quarterly sales of $308.82 million, beating the analyst consensus estimate of $273.95 million by 12.73%. This is a 89.91% increase over sales of $162.61 million the same period last year.
July 26, 2023 | 10:22 pm
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POSITIVE IMPACT
Helix Energy Solns Gr's Q2 earnings and sales beat estimates, with a significant YoY increase. This positive financial performance could potentially boost the company's stock price in the short term.
Helix Energy Solns Gr reported strong Q2 earnings and sales, beating analyst estimates. This indicates a positive financial performance, which is a key factor that investors consider when making investment decisions. Therefore, this news is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100