Helix Energy (HLX) Q3 Earnings Match Estimates

Core Viewpoint - Helix Energy reported quarterly earnings of $0.15 per share, matching the Zacks Consensus Estimate, but down from $0.19 per share a year ago [1] - The company posted revenues of $376.96 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 4.61% and up from $342.42 million year-over-year [2] Financial Performance - The earnings surprise for the previous quarter was -300%, as the company had expected earnings of $0.01 per share but reported a loss of $0.02 [1] - Over the last four quarters, Helix Energy has surpassed consensus EPS estimates two times [1] - The company has also topped consensus revenue estimates two times in the last four quarters [2] Stock Performance - Helix Energy shares have declined approximately 30.8% since the beginning of the year, contrasting with the S&P 500's gain of 14.5% [3] - The current Zacks Rank for Helix Energy is 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $298.47 million, while for the current fiscal year, it is $0.17 on revenues of $1.24 billion [7] - The outlook for the Oil and Gas - Field Services industry is currently in the bottom 33% of Zacks industries, which may negatively impact stock performance [8] Industry Context - Another company in the same industry, RPC, is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year decline of 44.4%, with revenues projected at $400 million, an 18.5% increase from the previous year [9]