Helmerich and Payne Inc reports results for the quarter ended December 31 - Earnings Summary

Helmerich & Payne

06/02/2025 03:43

* Helmerich and Payne Inc  HP.N  reported quarterly adjusted
earnings of 71 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 97 cents.  The mean expectation of
fifteen analysts for the quarter was for earnings of 68 cents
per share. Wall Street expected results to range from 42 cents
to 85 cents per share.
    * Revenue rose 0% to $677.30 million from a year ago;
analysts
expected $719.38 million. 
    * Helmerich and Payne Inc's reported EPS for the quarter was
54
cents​.
    * The company reported quarterly net income of $54.77
million.
    * Helmerich and Payne Inc shares had risen by 1.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
drilling
peer group is  "hold."

Wall Street's median 12-month price target for Helmerich and
Payne Inc is $40.00 
This summary was machine generated from LSEG data February 6 at
03:42 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.68           0.71           Beat
 Sep. 30 2024      0.81           0.76           Missed
 Jun. 30 2024      0.77           0.92           Beat
 Mar. 31 2024      0.84           0.84           Met