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Are You Expecting This from Helix Energy Solutions Group?

Friday - 7/19/2013, 2:00am  ET

Helix Energy Solutions Group is expected to report Q2 earnings on July 22. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Helix Energy Solutions Group's revenues will wither -38.8% and EPS will drop -58.8%.

The average estimate for revenue is $212.5 million. On the bottom line, the average EPS estimate is $0.21.

Revenue details
Last quarter, Helix Energy Solutions Group reported revenue of $197.4 million. GAAP reported sales were 14% lower than the prior-year quarter's $229.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.26. GAAP EPS of $0.02 for Q1 were 97% lower than the prior-year quarter's $0.62 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 26.6%, 490 basis points worse than the prior-year quarter. Operating margin was 8.5%, much worse than the prior-year quarter. Net margin was 0.8%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $911.6 million. The average EPS estimate is $1.03.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 906 members out of 944 rating the stock outperform, and 38 members rating it underperform. Among 218 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 212 give Helix Energy Solutions Group a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Helix Energy Solutions Group is outperform, with an average price target of $27.25.

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This article was originally published as Are You Expecting This from Helix Energy Solutions Group?on Fool.com

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