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.