Earnings Preview For Helix Energy Solutions Gr

On Monday, July 26, Helix Energy Solutions Gr HLX will release its latest earnings report. Benzinga's outlook for Helix Energy Solutions Gr is included in the following report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Helix Energy Solutions Gr EPS loss is expected to be around $0.08, according to sell-side analysts. Sales will likely be near $170.62 million. In the same quarter last year, Helix Energy Solutions Gr reported earnings per share of $0.04 on sales of $199.15 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to post earnings in line with the consensus estimate when it reports Monday, EPS would be down 300.0%. Sales would have fallen 14.32% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Helix Energy Solutions Gr were trading at $4.54 as of July 22. Over the last 52-week period, shares are up 0.22%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Helix Energy Solutions Gr is scheduled to hold the call at 10:00:00 ET and can be accessed here.