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Stock impact report

Bristow Group: Buy On Strong Q2 Results And Raised Outlook [Seeking Alpha]

Bristow Group, Inc. (VTOL) 
Company Research Source: Seeking Alpha
Summary Leading helicopter services provider Bristow Group reported strong Q2/2024 results, with both top- and bottom line results outperforming expectations. With the core offshore energy services segment expected to further improve profitability, the company raised its outlook for both 2024 and 2025. On the conference call, management hinted to the possibility of shareholder capital returns in the form of buybacks and/or dividends starting in the second half of 2025. Reiterating "Buy" rating while raising price target from $35 to $45. Wirestock/iStock Editorial via Getty Images Note: I have covered Bristow Group Inc. NYSE: VTOL ) previously, so investors should view this as an update to my earlier articles on the company. Last week, leading helicopter services provider Bristow Group or "Bristow" Recommended For You Show less Read more
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