Bristow Group Inc (BRS) to Release Earnings on Wednesday
Bristow Group Inc (NYSE:BRS) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 8th. Analysts expect Bristow Group to post earnings of ($0.93) per share for the quarter.
Bristow Group (NYSE:BRS) last issued its quarterly earnings data on Thursday, August 3rd. The oil and gas company reported ($0.83) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.11) by $0.28. The business had revenue of $352.10 million for the quarter, compared to the consensus estimate of $299.93 million. Bristow Group had a negative return on equity of 6.83% and a negative net margin of 13.32%. The firm’s revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the business posted ($0.34) EPS. On average, analysts expect Bristow Group to post $-3.44 EPS for the current fiscal year and $-2.16 EPS for the next fiscal year.
Shares of Bristow Group Inc (BRS) opened at 9.44 on Wednesday. The firm’s market cap is $333.49 million. The company’s 50-day moving average price is $9.38 and its 200 day moving average price is $9.20. Bristow Group Inc has a 52 week low of $6.21 and a 52 week high of $21.88.
A number of brokerages have commented on BRS. Zacks Investment Research cut shares of Bristow Group from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Cowen and Company set a $7.00 price target on shares of Bristow Group and gave the company a “hold” rating in a research report on Friday, October 6th. ValuEngine raised shares of Bristow Group from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. BidaskClub raised shares of Bristow Group from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Finally, Barclays PLC reaffirmed a “hold” rating and set a $10.00 price target on shares of Bristow Group in a research report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $12.60.
COPYRIGHT VIOLATION WARNING: This report was originally published by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and republished in violation of U.S. and international copyright and trademark law. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/11/01/bristow-group-inc-brs-to-release-earnings-on-wednesday.html.
In related news, insider Jonathan Baliff acquired 6,500 shares of the company’s stock in a transaction dated Friday, August 18th. The shares were purchased at an average price of $7.70 per share, for a total transaction of $50,050.00. Following the completion of the acquisition, the insider now owns 67,344 shares of the company’s stock, valued at $518,548.80. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 10.00% of the stock is currently owned by corporate insiders.
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.