A Peek at Helix Energy Solns Gr's Future Earnings

Helix Energy Solns Gr (NYSE:HLX) will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Helix Energy Solns Gr to report an earnings per share (EPS) of $0.17.

Investors in Helix Energy Solns Gr are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

The company's EPS beat by $0.08 in the last quarter, leading to a 0.08% increase in the share price on the following day.

Here's a look at Helix Energy Solns Gr's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.13

0.02

0.10

0.21

EPS Actual

0.21

-0.03

0.06

0.10

Price Change %

0.0%

3.0%

-11.0%

3.0%

Performance of Helix Energy Solns Gr Shares

Shares of Helix Energy Solns Gr were trading at $10.0 as of October 21. Over the last 52-week period, shares are down 0.75%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Insights on Helix Energy Solns Gr

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Helix Energy Solns Gr.

Analysts have provided Helix Energy Solns Gr with 1 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $14.0, suggesting a potential 40.0% upside.

Peer Ratings Overview

This comparison focuses on the analyst ...