Helix Energy Solutions Group Full Year 2024 Earnings: Beats Expectations

Helix Energy Solutions Group, Inc. -0.15% Pre

Helix Energy Solutions Group, Inc.

HLX

0.00

Helix Energy Solutions Group (NYSE:HLX) Full Year 2024 Results

Key Financial Results

  • Revenue: US$1.36b (up 5.3% from FY 2023).
  • Net income: US$55.6m (up from US$10.8m loss in FY 2023).
  • Profit margin: 4.1% (up from net loss in FY 2023).
  • EPS: US$0.37 (up from US$0.072 loss in FY 2023).
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NYSE:HLX Earnings and Revenue Growth February 26th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Helix Energy Solutions Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 29%.

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in the US.

The company's shares are up 2.7% from a week ago.

Risk Analysis

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