Bristow Q2 Revenue Beats on Higher Rates, Affirms 2026 Outlook
VTOL sits 45% above its 52-week low of $33.01.
Summary
Bristow Group posted Q2 revenue of $411.8M, topping the $407.5M consensus, driven by higher rates in Europe and the Americas. Adjusted EBITDA of $79.8M also beat estimates. The company affirmed its 2026 adjusted EBITDA guidance of $295-$325M and expects full-year revenue between $1.64B and $1.72B. The recently completed $105M Berry Aviation acquisition expands government services, adding to the top line. Supply chain challenges and macro uncertainties remain headwinds, but the beat and maintained outlook signal steady execution. Shares closed at $47.74, with the stock trading at 10x forward earnings.
At the time of this announcement, VTOL was trading at $47.74 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $33.01 to $50.38. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.