Helmerich & Payne: Q1 Earnings Insights

Helmerich & Payne HP reported its Q1 earnings results on Monday, January 31, 2022 at 04:15 PM.

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

Helmerich & Payne beat estimated earnings by 8.16%, reporting an EPS of $-0.45 versus an estimate of $-0.49, which did not surprise analysts.

Revenue was up $163.41 million from the same period last year.

Last quarter the company missed on EPS by $0.11, which was followed by a 16.48% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.51	-0.57	-0.65	-0.79
EPS Actual	-0.62	-0.57	-0.60	-0.82
Revenue Estimate	350.02M	324.30M	294.15M	236.12M
Revenue Actual	343.81M	332.21M	296.17M	246.38M

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

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