Hornbeck Offshore Services Inc fka HOSSQ

[ScovilleUnits]

Q3 EPS 67c vs 51c Beats 24c Est; Guidance-Above-Consensus

Thursday , November 04, 2010 09:26ET

QUARTER RESULTS
Hornbeck Offshore Services Inc (HOS) reported Q3 results ended September 2010. Q3 Revenues were $125.40M; +39.19% vs yr-ago; BEATING revenue consensus by +21.68%. Q3 EPS was 67c; +31.37% vs yr-ago; BEATING earnings consensus by +179.17%.

Q3 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $125.40M       $90.09M     +39.19%      $103.06M     +21.68% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 67c           51c     +31.37%           24c    +179.17% 
 ----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE
FY-10 Earnings Outlook [$1.12 - $1.58]: HOS expects FY 2010 adjusted EPS of $1.12 to $1.58. The FY-10 earnings forecast is above current consensus estimates.

ORIGINAL EARNINGS RELEASE: http://www.knobias.com/story.htm?eid=3.1.c00038b4005b3b28db081bec84e5754f0dbafdf3fd86c28cebf35739a60ab71d
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.