Bristow Group Inc (BRS) Scheduled to Post Earnings on Wednesday
Bristow Group Inc (NYSE:BRS) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, August 2nd. Analysts expect Bristow Group to post earnings of ($1.05) per share for the quarter.
Bristow Group (NYSE:BRS) last released its earnings results on Tuesday, May 23rd. The oil and gas company reported ($1.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.48) by $0.67. The firm had revenue of $323.70 million for the quarter, compared to analyst estimates of $327.92 million. Bristow Group had a negative net margin of 12.12% and a negative return on equity of 5.34%. The business’s revenue for the quarter was down 13.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.13 EPS. On average, analysts expect Bristow Group to post $-3.93 EPS for the current fiscal year and $-2.18 EPS for the next fiscal year.
Shares of Bristow Group Inc (BRS) opened at 7.63 on Wednesday. Bristow Group Inc has a 52-week low of $6.21 and a 52-week high of $21.88. The firm’s market cap is $268.71 million. The firm’s 50-day moving average is $7.17 and its 200-day moving average is $13.01.
TRADEMARK VIOLATION NOTICE: “Bristow Group Inc (BRS) Scheduled to Post Earnings on Wednesday” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/07/26/bristow-group-inc-brs-scheduled-to-post-earnings-on-wednesday.html.
Several research firms have recently issued reports on BRS. ValuEngine raised Bristow Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 20th. Zacks Investment Research raised Bristow Group from a “sell” rating to a “hold” rating in a research note on Monday, May 15th. Cowen and Company cut Bristow Group from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $14.00 to $7.00 in a research note on Friday, May 26th. BidaskClub raised Bristow Group from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Credit Suisse Group reissued a “hold” rating and set a $10.00 target price on shares of Bristow Group in a research note on Sunday, May 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $15.60.
About Bristow Group
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.
Receive News & Ratings for Bristow Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bristow Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.