Reported Wednesday, Helix Energy Solns Gr Q2 EPS $0.21 Beats $0.13 Estimate, Sales $364.80M Beat $339.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Helix Energy Solutions Group (NYSE:HLX) reported strong Q2 earnings, with EPS of $0.21 beating the $0.13 estimate and sales of $364.80M surpassing the $339.20M estimate. This represents a significant year-over-year growth in both earnings and sales.
July 25, 2024 | 7:45 am
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Helix Energy Solutions Group reported Q2 EPS of $0.21, beating the $0.13 estimate by 61.54%. Sales were $364.80M, surpassing the $339.20M estimate. This indicates strong financial performance and significant year-over-year growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive market sentiment and potential short-term price appreciation for HLX.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100