Helmerich and Payne Inc reports results for the quarter ended September 30 - Earnings Summary
14/11/2024 03:56
* Helmerich and Payne Inc HP.N reported quarterly adjusted
earnings of 76 cents per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 69 cents. The mean expectation of
seventeen analysts for the quarter was for earnings of 81 cents
per share. Wall Street expected results to range from 73 cents
to $1.05 per share.
* Revenue rose 5.2% to $693.79 million from a year ago;
analysts
expected $695.24 million.
* Helmerich and Payne Inc's reported EPS for the quarter was
76
cents.
* The company reported quarterly net income of $79.18
million.
* Helmerich and Payne Inc shares had risen by 18.6% this
quarter and gained 1.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 1% in
the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
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 also "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 November 14 at
03:55 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
Sep. 30 2024 0.81 0.76 Missed
Jun. 30 2024 0.77 0.92 Beat
Mar. 31 2024 0.84 0.84 Met
Dec. 31 2023 0.72 0.97 Beat