Hornbeck Offshore Services (NYSE:HOS) Announces Quarterly Earnings Results

Hornbeck Offshore Services (NYSE:HOS – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.59), RTT News reports. Hornbeck Offshore Services had a positive return on equity of 3.12% and a negative net margin of 5.58%. During the same quarter last year, the firm posted $0.28 earnings per share.

Hornbeck Offshore Services Stock Up 1.2%

Shares of NYSE:HOS traded up $0.07 during midday trading on Monday, hitting $5.38. The stock had a trading volume of 3,604,888 shares, compared to its average volume of 2,045,173. The stock has a 50-day moving average price of $7.61. The company has a market capitalization of $792.17 million, a P/E ratio of -19.20 and a beta of 1.31. The company has a quick ratio of 3.47, a current ratio of 2.00 and a debt-to-equity ratio of 0.34. Hornbeck Offshore Services has a fifty-two week low of $5.16 and a fifty-two week high of $11.13.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Hornbeck Offshore Services from a “buy” rating to a “hold” rating in a report on Monday.

Check Out Our Latest Stock Analysis on Hornbeck Offshore Services

Hornbeck Offshore Services Company Profile

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