Hornbeck Offshore Services Inc fka HOSSQ

[ScovilleUnits]

Q2 EPS 48c..vs..1c Beats 14c Est; Guidance Above Consensus

Thursday , July 29, 2010 13:50ET

QUARTER RESULTS
Hornbeck Offshore Services Inc (HOS) reported Q2 results ended June 2010. Q2 Revenues were $111.89M; +14.28% vs yr-ago; BEATING revenue consensus by +17.85%. Q2 EPS was 48c; +4,700.00% vs yr-ago; BEATING earnings consensus by +242.86%.

Q2 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $111.89M       $97.91M     +14.28%       $94.94M     +17.85% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 48c            1c  +4,700.00%           14c    +242.86% 
 ----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE

FY-10 Earnings Outlook [81c - $1.73]: HOS expects FY10 Adj EPS of $0.81 to $1.73. The FY-10 earnings forecast is above current consensus estimates.

ORIGINAL EARNINGS RELEASE: http://www.knobias.com/story.htm?eid=3.1.e2f227df64e0147869340df8dbc32ae5f0163c83084708260ce642e3b8fac46f
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.