Bristow Group Reports First Quarter Fiscal Year 2017 Results

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Go back to Bristow Group Reports First Quarter Fiscal Year 2017 Results

Bristow Group (BRS) Misses Q1 EPS by 19c

August 4, 2016 5:20 PM EDT

Bristow Group (NYSE: BRS) reported Q1 EPS of ($0.34), $0.19 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $356.1 million versus the consensus estimate of $384.45 million.

"Our first quarter financial results continued to be severely impacted by the unprecedented challenges the oil and gas industry has been facing since 2014, which intensified in the first quarter of fiscal 2017, as reflected in reduced activity, lower revenue and margins and foreign exchange volatility," said... More