RTTNews | Oct 21, 2020 06:24PM EDT

18:23 Wednesday, October 21, 2020 (RTTNews.com) - Helix Energy Solutions (HLX) reported a profit for third quarter that decreased from the same period last year.

The company's profit totaled $24.50 million, or $0.16 per share. This compares with $31.70 million, or $0.21 per share, in last year's third quarter.

Analysts had expected the company to earn $0.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.0% to $193.49 million from $212.61 million last year.

Helix Energy Solutions earnings at a glance:

-Earnings (Q3): $24.50 Mln. vs. $31.70 Mln. last year.-EPS (Q3): $0.16 vs. $0.21 last year.-Analysts Estimate: $0.00-Revenue (Q3): $193.49 Mln vs. $212.61 Mln last year.

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