UPDATE 2-Bristow Group Q4 profit beats Street
* Q4 adj EPS $0.73 vs est $0.64; rev up 6 pct to $275 mln
* Sees North Sea margins in mid teens
* Sees Nigeria margins above 25 pct
* Sees Q1 charge $4.1 mln related to prior job cuts
* Shares down as much as 10 pct (Adds analyst comments, conference call details)
By Arup Roychoudhury
BANGALORE, May 21 (Reuters) - Bristow Group Inc (BRS.N: Quote, Profile, Research), which provides helicopter services to the offshore energy industry, posted a better-than-expected quarterly profit, aided by improvement in its business in Europe, West Africa and Latin America.
However, shares of the company dropped by as much as 10 percent Thursday on the New York Stock Exchange tracking a fall in overall markets.
"You have got oil down today, so that is impacting Bristow," Jesup and Lamont Securities analyst Lewis Kreps told Reuters. Continued...
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