Era Group (ERA) Earning Somewhat Favorable Press Coverage, Report Finds
Media stories about Era Group (NYSE:ERA) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Era Group earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46.2829858180895 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Era Group (NYSE ERA) traded up $0.12 on Thursday, hitting $9.61. The stock had a trading volume of 49,600 shares, compared to its average volume of 76,731. The company has a current ratio of 2.72, a quick ratio of 2.09 and a debt-to-equity ratio of 0.56. Era Group has a 12-month low of $8.00 and a 12-month high of $17.73.
Era Group (NYSE:ERA) last posted its quarterly earnings data on Thursday, November 9th. The transportation company reported ($0.30) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by ($0.13). The company had revenue of $61.39 million during the quarter, compared to the consensus estimate of $60.00 million. Era Group had a negative return on equity of 4.53% and a negative net margin of 41.46%. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter last year, the company posted $0.03 earnings per share.
About Era Group
Era Group Inc is engaged in operating helicopters. The Company’s helicopters transport personnel to, from and between offshore oil and gas production platforms, drilling rigs and other installations. The Company also dry-leases helicopters to third-party helicopter operators and foreign affiliates. The primary users of the Company’s helicopter services are international, integrated and independent oil and gas exploration, development and production companies.
Receive News & Ratings for Era Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Era Group and related companies with Analyst Ratings Network's FREE daily email newsletter.