Helix Energy (HLX) Q1 Earnings Surpass Estimates

Helix Energy (HLX) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 140%. A quarter ago, it was expected that this offshore oil and gas services contractor would post earnings of $0.03 per share when it actually produced earnings of $0.13, delivering a surprise of 333.33%. Over ...