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VTOL

Bristow Group Inc.

https://www.bristowgroup.com

Industry

Oil & Gas Equipment & Services

Bristow Group Inc. provides aviation services to integrated, national, and independent offshore energy companies in the United States. It also offers commercial search and rescue services; and other helicopter and fixed wing transportation services. As of March 31, 2022, the company had a fleet of 229 aircrafts, of which 213 were helicopters. It also has operations in Australia, Brazil, Canada, Chile, the Dutch Caribbean, Guyana, India, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, and the United Kingdom. The company was founded 1948 and is headquartered in Houston, Texas.

Open

38.11

Mkt cap

1.1B

Volume

172K

High

38.65

P/E Ratio

20.59

52-wk high

41.50

Low

38.03

Div yield

N/A

52-wk low

24.33

Bristow Group projects its FY25 revenue to be in the range of $1.390B-$1.615B, compared to the estimated $1.528B.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:29 pm

Bristow Group has confirmed its fiscal year 2024 revenue forecast to be in the range of $1.290 billion to $1.465 billion, which is around the analyst estimate of $1.400 billion.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:28 pm

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.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:26 pm

Benchmark analyst Josh Sullivan reiterates a Buy rating on Bristow Group (NYSE:VTOL) and maintains a $40 price target.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 5:49 pm

Evercore ISI Group analyst James West maintains an Outperform rating on Bristow Group (NYSE:VTOL) but lowers the price target from $39 to $38.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 3:29 pm

Bristow Group projects its 2024 total operating revenues to be between $1.29 billion and $1.465 billion, with an estimate of $1.43 billion.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 10:39 pm

Bristow Group (NYSE:VTOL) reported Q4 2023 adjusted EPS of $(0.070), missing the $0.540 estimate, but sales of $337.934M exceeded the $329.200M estimate, marking a 17.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 10:14 pm

Earnings reports for March 5, 2024, include a mix of expected quarterly losses and earnings from various sectors. Notable companies like NIO, Target, and Nordstrom are among those reporting. The reports span across different industries, including automotive, retail, biotech, and technology, indicating a broad market impact.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 10:00 am

Bristow Group (NYSE:VTOL) is scheduled to release its quarterly earnings report on March 5, 2024, with an estimated EPS of $0.54. Despite past earnings misses, the stock price increased after the last report. Shares are currently trading at $27.27, with a slight decline over the past year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 4:02 pm

Bristow Group Inc. (NYSE:VTOL) has announced the purchase of 10 new AW189 helicopters from Leonardo, with an option for 10 more, to enhance its fleet for offshore transport and search and rescue missions. This strategic expansion aims to meet customer demand, improve profitability through EBITDA growth, and support sustainability initiatives with aircraft that offer lower CO2 emissions and the capability to operate on Sustainable Aviation Fuels. Deliveries are scheduled from 2025 to 2028, adding to Bristow's existing fleet of 21 AW189s. The company also highlighted a 10-year maintenance support agreement with Leonardo for lower maintenance costs and more predictable cash flows.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:34 pm

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