Helmerich & Payne: Q1 Earnings Insights

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Helmerich & Payne HP reported its Q1 earnings results on Monday, January 29, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Helmerich & Payne beat estimated earnings by 34.72%, reporting an EPS of $0.97 versus an estimate of $0.72.

Revenue was down $42.49 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 2.26% drop in the share price the next day.

Here's a look at Helmerich & Payne's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.75 0.91 1.06 0.80
EPS Actual 0.69 1.09 1.26 1.11
Revenue Estimate 664.85M 708.24M 752.09M 699.92M
Revenue Actual 659.61M 723.96M 769.22M 719.64M

To track all earnings releases for Helmerich & Payne visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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