Bristow Group Q2 Profit Down

(RTTNews) - Bristow Group Inc. (BRS) Thursday reported second-quarter net income of $26.1 million from $0.73 per share, down from $110.6 million or $3.01 per share last year.

Adjusted earnings dropped to $0.87 per share from $1.27 per share last year.

Revenues rose to $475.6 million from $417.3 million last year.

Analysts polled by Thomson Reuters expected the company to report profit per share of $1.23 on revenues of $466.75 million for the quarter. Analysts' estimates typically exclude special items.

The company reaffirmed its adjusted earnings per share guidance for the full fiscal year 2015 of $4.70 to $5.20. Analysts currently expect the company to report full year earnings per share of $4.98.