Helix Energy (HLX) Reports Q2 Loss, Lags Revenue Estimates

Helix Energy (HLX) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -300.00%. A quarter ago, it was expected that this offshore oil and gas services contractor would post a loss of $0.05 per share when it actually produced earnings of $0.02, delivering a surprise of +140%.Over the last four quarters ...