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Helix: After Earnings Surprise Comes Earnings Revision

|Includes:Helix Energy Solutions Group, Inc. (HLX)

After beating analyst expectations, EPS estimates have been revised upwards by about 20%:

- 7 out of 7 analysts following the stock have revised their FY 2012 estimates, with the consensus increasing to $2.19 vs. $1.75 a week ago

- 6 out of 7 analysts have revised their FY 2013 estimates, with the consensus increasing to $2.21 vs. $1.91 a week ago

May should be a positive month for Helix' shareholders!

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in HLX over the next 72 hours.

Stocks: HLX