Bristow Group Q2 2024 GAAP EPS $0.96 Beats $0.40 Estimate, Sales $359.749M Beat $348.850M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bristow Group (NYSE:VTOL) reported Q2 2024 earnings per share (EPS) of $0.96, significantly beating the analyst consensus estimate of $0.40 by 140%. The company also reported quarterly sales of $359.749 million, surpassing the estimate of $348.850 million by 3.12%. This represents a 15.49% increase over the same period last year.
August 06, 2024 | 9:09 pm
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Bristow Group (NYSE:VTOL) reported Q2 2024 EPS of $0.96, beating estimates by 140%, and sales of $359.749 million, exceeding expectations by 3.12%.
The significant beat on both EPS and sales estimates is likely to positively impact Bristow Group's stock price in the short term. The 140% EPS beat and 3.12% sales beat indicate strong financial performance, which should boost investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100