Bristow Group: Here’s What Investors Need to Know Before Earnings
Bristow Group (NYSE:BRS) will report earnings after markets close on Wednesday, May 22nd. Bristow Group, Inc. provides helicopter transportation services to the offshore oil and gas industry. Through its subsidiaries, affiliates, and joint ventures, the Company offers transportation services in oil and gas producing regions around the world.
Here is your Cheat Sheet to Bristow Group Earnings:
Earnings Expectations: Analysts expect earnings of $1.02 per share on revenues of $380.56 million. Currently, the company’s P/E ratio stands at 23.24.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.98 to a profit $0.99. For the current year, the average estimate is a profit of $3.81, which is better than the estimate ninety days ago.
Here’s how Bristow Group has been performing on an annual basis:
|Revenue ($) in millions||1,013||1,134||1,168||1,233||1,342|
|Diluted EPS ($)||3.41||3.56||3.10||3.60||1.73|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||331.34||358.37||362.61||365.75||388.47|
|Diluted EPS ($)||0.70||0.3898||0.65||0.82||1.00|
Bristow Group has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)