Bristow Group (NYSE:VTOL) Issues Earnings Results, Beats Estimates By $0.46 EPS

Bristow Group (NYSE:VTOL) issued its quarterly earnings results on Wednesday. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.46, Zacks reports. Bristow Group had a net margin of 3.93% and a return on equity of 6.50%.

Bristow Group Stock Down 2.3 %

Shares of NYSE:VTOL traded down $0.81 during midday trading on Wednesday, reaching $34.66. The company had a trading volume of 168,397 shares, compared to its average volume of 98,784. Bristow Group has a 1-year low of $24.33 and a 1-year high of $41.50. The stock has a market cap of $992.25 million, a PE ratio of 18.63 and a beta of 1.35. The company has a quick ratio of 1.49, a current ratio of 1.83 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average price is $35.01 and its 200 day moving average price is $35.70.

About Bristow Group

Bristow Group Inc provides vertical flight solutions. The company primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue, medevac, ad hoc helicopter, fixed wing transportation, unmanned systems, and ad-hoc helicopter services, as well as logistical and maintenance support, training services, and flight and maintenance crews.