Helmerich & Payne (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
