Era Group (ERA) to Release Quarterly Earnings on Tuesday

Era Group (NYSE:ERA) will be posting its quarterly earnings results after the market closes on Tuesday, November 6th.

Era Group (NYSE:ERA) last posted its quarterly earnings data on Wednesday, August 8th. The transportation company reported ($0.49) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.38). The firm had revenue of $57.73 million for the quarter. Era Group had a negative return on equity of 2.57% and a negative net margin of 13.39%.

NYSE:ERA opened at $11.55 on Friday. The company has a quick ratio of 1.82, a current ratio of 2.44 and a debt-to-equity ratio of 0.40. Era Group has a 52-week low of $8.98 and a 52-week high of $14.23.

Separately, ValuEngine upgraded Era Group from a “hold” rating to a “buy” rating in a report on Thursday, July 26th.

In related news, SVP Paul T. White sold 3,500 shares of the stock in a transaction dated Friday, September 21st. The stock was sold at an average price of $12.15, for a total transaction of $42,525.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.72% of the stock is currently owned by company insiders.

About Era Group

Era Group Inc provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. Its helicopter services include emergency response search and rescue; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, power line, and pipeline survey activities.

Further Reading: Earnings Reports

Earnings History for Era Group (NYSE:ERA)

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