Helix Energy Solutions Group First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Helix Energy Solutions Group (NYSE:HLX) First Quarter 2025 Results

Key Financial Results

• Revenue: US$278.1m (down 6.1% from 1Q 2024).
• Net income: US$3.07m (up from US$26.3m loss in 1Q 2024).
• Profit margin: 1.1% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses.
• EPS: US$0.02 (up from US$0.17 loss in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Helix Energy Solutions Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Energy Services industry in the US.

Performance of the American Energy Services industry.

The company's shares are down 3.8% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Helix Energy Solutions Group's balance sheet and an in-depth analysis of the company's financial position.

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