Helmerich & Payne: Q1 Earnings Insights - Helmerich & Payne (NYSE:HP)

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.

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.

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.