Bristow Group Q4 Profit Down - Quick Facts

(RTTNews) - Bristow Group, Inc. (BRS) Wednesday reported fourth-quarter profit of $30.3 million or $0.83 per share, down from $40.4 million or $1.11 per share in the same period last year.

Adjusted earnings for the quarter were $49.1 million or $1.35 per share. On average, eight analysts polled by Thomson Reuters expected the company to earn $1.23 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $440.93 million from $391.64 million last year. Analysts expected revenues of $438.80 million.

Looking ahead, the company has forecast full-year earnings in the range of $4.70 to $5.20 per share. Analysts currently expect full-year earnings of $4.34 per share.