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Bristow Group Inc (VTOL)
NYSE:VTOL
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.57Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -6.75%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
Bristow Group's earnings call highlighted strong financial performance in the fourth quarter and overall for 2024, with significant improvements in cash flow and a strategic capital allocation framework. However, challenges such as aviation safety incidents, supply chain issues, and foreign exchange losses were noted. The sentiment is balanced with significant achievements and some notable challenges.Company Guidance
During the Bristow Group Inc.'s fiscal year 2024 earnings call, the company provided guidance for 2025 and 2026. The projected revenues for 2025 are expected to be between $1.4 billion and $1.6 billion, with an adjusted EBITDA range of $230 million to $260 million. For 2026, the revenue guidance is set at $1.5 billion to $1.8 billion, with adjusted EBITDA anticipated to be between $275 million and $335 million. The company also highlighted a significant improvement in operating cash flows, which increased by $145 million, and an adjusted free cash flow of $161 million for 2024, showcasing strong financial performance compared to $28 million in 2023. Additionally, Bristow planned to commence a quarterly dividend payment of $0.125 per share in Q1 2026, reflecting a proactive capital allocation framework aimed at enhancing shareholder value.Strong Fourth Quarter Financial Results
Bristow Group reported very strong fourth quarter financial results, exceeding the upwardly revised outlook range for Q4 and the full year 2024. This outperformance was driven by strong growth in the offshore energy services business.
Decreased Lost Workdays
The company delivered a 32% decrease in lost workdays in 2024 compared to the prior year, indicating a significant improvement in health, safety, and environmental (HSE) performance.
Record Free Cash Flow
Adjusted free cash flows were $161 million in 2024, compared to $28 million in 2023, showcasing significant cash flow improvement.
Government Services Growth Outlook
The government services segment is expected to see a 25% increase in adjusted operating income by 2026 relative to 2022, driven by stable long-term cash flows from high-credit-quality customers.
New Capital Allocation Framework
Bristow announced a new capital allocation framework with priorities including paying down debt, pursuing growth opportunities, and returning capital to shareholders via dividends and share buybacks.
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VTOL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VTOL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $34.81 | $38.02 | +9.22% |
| Nov 05, 2024 | $34.58 | $37.84 | +9.43% |
| Aug 06, 2024 | $33.78 | $37.74 | +11.72% |
| May 07, 2024 | $28.48 | $32.25 | +13.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bristow Group Inc (VTOL) report earnings?
Bristow Group Inc (VTOL) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Bristow Group Inc (VTOL) earnings time?
Bristow Group Inc (VTOL) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VTOL EPS forecast?
VTOL EPS forecast for the fiscal quarter 2025 (Q1) is 0.57.
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