Bristow Group Q1 2024 GAAP EPS $0.23 Beats $0.20 Estimate, Sales $337.094M Beat $316.550M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bristow Group (NYSE:VTOL) reported Q1 2024 earnings of $0.23 per share, surpassing the $0.20 estimate, marking a 560% increase from last year's losses. Sales reached $337.094M, exceeding the $316.550M forecast by 6.49%, and showing an 11.61% increase from the previous year.

May 07, 2024 | 8:26 pm
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Bristow Group's Q1 2024 earnings and sales beat estimates, with a significant increase from the previous year's losses and sales figures.
The substantial beat on both earnings and sales estimates, coupled with a significant year-over-year growth, indicates a strong financial performance by Bristow Group. This is likely to positively influence investor sentiment and could lead to an uptick in VTOL's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100