Bristow Group Q3 EPS $0.15 Misses $0.63 Estimate, Sales $338.09M Beat $337.15M Estimate
Portfolio Pulse from bharat@benzinga.com
Bristow Group (NYSE:VTOL) reported Q3 earnings of $0.15 per share, missing the analyst consensus estimate of $0.63 by 76.19%. However, the company's quarterly sales of $338.09 million beat the estimate of $337.15 million by 0.28%, marking a 14.37% increase from the same period last year.
November 01, 2023 | 9:06 pm
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Bristow Group's Q3 earnings per share of $0.15 missed the analyst consensus estimate of $0.63 by a significant margin. However, the company's sales beat estimates and showed a YoY increase.
Bristow Group's significant earnings miss could negatively impact investor sentiment and the stock price in the short term. However, the sales beat and YoY growth might offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100