Helmerich and Payne Inc expected to post earnings of 77 cents a share - Earnings Preview
22/07/2024 23:02
* Helmerich and Payne Inc HP.N HP is expected to show a
fall
in quarterly revenue when it reports results on July 24 for the
period ending June 30 2024
* The Tulsa Oklahoma-based company is expected to report a
7.1% decrease in revenue to $672.311 million from $723.96
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Helmerich and Payne Inc
is for
earnings of 77 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 12
"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 $45.00, above its last closing price of $37.78.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.85 0.84 0.84 Met 0
Jan. 1 0001 0.72 0.72 0.97 Beat 34.2
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. 1.05 1.05 1.26 Beat 19.7
31 2023
Dec. 31 2022 0.79 0.81 1.11 Beat 36.5
Sep. 30 2022 0.46 0.43 0.45 Beat 5.3
Jun. 30 2022 0.07 0.05 0.27 Beat 478.2
This summary was machine generated July 22 at 22:02 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)