Bristow Group (NYSE:BRS) is set to announce its earnings results after the market closes on Thursday, February 8th. Analysts expect the company to announce earnings of ($0.65) per share for the quarter.
Bristow Group (NYSE:BRS) last released its earnings results on Wednesday, November 8th. The oil and gas company reported ($0.33) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.95) by $0.62. The firm had revenue of $358.00 million during the quarter, compared to analyst estimates of $345.87 million. Bristow Group had a negative return on equity of 7.08% and a negative net margin of 13.31%. Bristow Group’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business posted ($0.35) earnings per share. On average, analysts expect Bristow Group to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
Bristow Group (NYSE BRS) opened at $15.41 on Thursday. The stock has a market capitalization of $544.98, a price-to-earnings ratio of -2.91 and a beta of 3.09. Bristow Group has a fifty-two week low of $6.21 and a fifty-two week high of $21.00. The company has a quick ratio of 1.02, a current ratio of 1.34 and a debt-to-equity ratio of 0.97.
A number of brokerages have issued reports on BRS. Cowen set a $7.00 price target on Bristow Group and gave the stock a “hold” rating in a report on Friday, October 6th. Zacks Investment Research downgraded Bristow Group from a “buy” rating to a “sell” rating in a report on Tuesday, October 31st. Finally, Barclays lifted their price target on Bristow Group from $10.00 to $16.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. Bristow Group has an average rating of “Hold” and a consensus target price of $15.00.
In other Bristow Group news, insider Jonathan Baliff purchased 2,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was bought at an average cost of $14.84 per share, with a total value of $29,680.00. Following the acquisition, the insider now directly owns 69,344 shares of the company’s stock, valued at $1,029,064.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.00% of the stock is owned by insiders.
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Bristow Group Company Profile
Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.
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