WASHINGTON (dpa-AFX) - Helix Energy Solutions (HLX) revealed earnings for its third quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $29.51 million, or $0.19 per share. This compares with $15.56 million, or $0.10 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 13.5% to $342.419 million from $395.670 million last year.
Helix Energy Solutions earnings at a glance (GAAP) :
-Earnings (Q3): $29.51 Mln. vs. $15.56 Mln. last year. -EPS (Q3): $0.19 vs. $0.10 last year. -Revenue (Q3): $342.419 Mln vs. $395.670 Mln last year.
-Guidance: Full year revenue guidance: $1300 - $1365 Mln
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