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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Bristow Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Bristow Group has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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