A Peek at Helix Energy Solns Gr's Future Earnings
Portfolio Pulse from Benzinga Insights
Helix Energy Solutions Group (NYSE:HLX) is set to release its quarterly earnings on October 23, 2024, with analysts expecting an EPS of $0.17. The company has shown strong revenue growth and profitability, but faces challenges with return on equity and asset utilization. Analysts have a 'Buy' rating with a price target of $14, indicating a potential 40% upside.

October 22, 2024 | 8:02 pm
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Helix Energy Solutions Group is expected to report an EPS of $0.17 for the upcoming earnings release. The company has shown strong revenue growth and profitability, but struggles with return on equity and asset utilization. Analysts have a 'Buy' rating with a price target of $14, suggesting a potential 40% upside.
The upcoming earnings report is a significant event for Helix Energy Solutions Group, with analysts expecting an EPS of $0.17. The company's strong revenue growth and profitability metrics are positive indicators, although challenges with return on equity and asset utilization remain. The 'Buy' rating and $14 price target suggest a positive outlook, potentially driving the stock price up in the short term.
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