Helmerich and Payne Inc expected to post earnings of 72 cents a share - Earnings Preview
26/01/2024 21:34
* Helmerich and Payne Inc HP.N HP is expected to show a
fall
in quarterly revenue when it reports results on January 29 for
the period ending December 31 2023
* The Tulsa Oklahoma-based company is expected to report a
8.0% decrease in revenue to $662.24 million from $719.64 million
a year ago, according to the mean estimate from 13 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for Helmerich and Payne Inc
is for
earnings of 72 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Helmerich
and
Payne Inc is $44.00, above its last closing price of $35.64.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.78 0.76 0.69 Missed -8.6
Jun. 30 2023 0.89 0.91 1.09 Beat 20.2
Mar. 31 2023 1.05 1.05 1.26 Beat 19.7
Dec. 31 2022 0.79 0.81 1.11 Beat 36.5
Sep. 0.46 0.46 0.45 Missed -2.2
30 2022
Jun. 30 2022 0.07 0.05 0.27 Beat 478.2
Mar. 31 2022 -0.30 -0.32 -0.17 Beat 46.7
Dec. 31 2021 -0.52 -0.49 -0.45 Beat 8.5
This summary was machine generated January 26 at 21:34 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)