Hornbeck Offshore Services (HOS) to Release Earnings on Wednesday

Hornbeck Offshore Services (NYSE:HOS) will be releasing its earnings data after the market closes on Wednesday, October 31st. Analysts expect Hornbeck Offshore Services to post earnings of ($0.65) per share for the quarter.

Hornbeck Offshore Services (NYSE:HOS) last released its quarterly earnings data on Wednesday, August 1st. The oil and gas company reported ($0.67) EPS for the quarter, beating the consensus estimate of ($0.73) by $0.06. The business had revenue of $58.43 million for the quarter, compared to the consensus estimate of $56.50 million. Hornbeck Offshore Services had a net margin of 5.27% and a negative return on equity of 7.13%. On average, analysts expect Hornbeck Offshore Services to post $-3 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

HOS stock opened at $3.69 on Monday. The firm has a market capitalization of $138.73 million, a PE ratio of -1.48 and a beta of 1.28. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 0.79. Hornbeck Offshore Services has a 12 month low of $2.68 and a 12 month high of $6.14.

Several research firms have recently commented on HOS. Zacks Investment Research raised shares of Hornbeck Offshore Services from a “hold” rating to a “buy” rating and set a $4.75 price objective on the stock in a report on Wednesday, September 19th. ValuEngine raised shares of Hornbeck Offshore Services from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 10th.

About Hornbeck Offshore Services

Hornbeck Offshore Services, Inc, together with its subsidiaries, provides marine transportation, subsea installation, and accommodation support services to exploration and production, oilfield service, offshore construction, and the U.S. military customers. It operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-based facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the U.S.

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Earnings History for Hornbeck Offshore Services (NYSE:HOS)

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