Bristow Group Q3 Profit Down - Quick Facts

(RTTNews) - Bristow Group, Inc. (BRS) Thursday reported third-quarter profit of $18.9 million or $0.51 per share, down from $36.4 million or $1.00 per share in the same period last year.

Adjusted earnings for the quarter were $31.3 million or $0.85 per share. On average, 10 analysts polled by Thomson Reuters expected the company to earn $1.16 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 8 percent to $373.6 million from $346.7 million last year. Analysts expected revenues of $432.36 million.

Looking ahead, the company continues to expect full-year adjusted earnings in the range of $4.25 to $4.55 per share. Analysts currently expect full-year earnings of $4.60 per share.