From Nasdaq: 2025-04-23 19:25:00

Helix Energy (HLX) reported quarterly earnings of $0.02 per share, beating expectations. The company has surpassed consensus EPS estimates three times in the last four quarters. Revenues for the quarter ended March 2025 were $278.06 million, missing estimates. The stock has lost about 30% this year compared to the S&P 500’s decline of -10.1%.

The question for investors is what’s next for Helix Energy’s stock. The company’s earnings outlook and estimate revisions trend are favorable, earning it a Zacks Rank #1 (Strong Buy). Current consensus EPS estimates for the coming quarter and fiscal year are $0.28 and $0.71, respectively. The Zacks Industry Rank for Oil and Gas – Field Services is in the top 35%.

Nine Energy Service (NINE) is expected to report quarterly results on May 7. The company is expected to post a loss of $0.15 per share, with revenues of $149.1 million. The consensus EPS estimate has been revised 30% lower over the last 30 days. This article was originally published on Zacks Investment Research.



Read more at Nasdaq: Helix Energy (HLX) Q1 Earnings Surpass Estimates