Core Insights - Helmerich & Payne reported a revenue of $1.01 billion for the quarter ended September 2025, marking a year-over-year increase of 45.8% [1] - The company's EPS for the same period was -$0.01, a decline from $0.76 a year ago, indicating a significant drop in profitability [1] - The reported revenue exceeded the Zacks Consensus Estimate of $975.66 million by 3.7%, while the EPS fell short of the consensus estimate of $0.26 by 103.85% [1] Financial Performance - The stock of Helmerich & Payne has returned +20.4% over the past month, outperforming the Zacks S&P 500 composite's +1.5% change [3] - The company currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Operational Metrics - Average active rigs in North America Solutions were reported at 141, matching the four-analyst average estimate [4] - Operating revenues for North America Solutions were $572.27 million, slightly above the average estimate of $554.59 million, but reflecting a year-over-year decline of 7.4% [4] - Offshore Solutions saw operating revenues of $180.33 million, significantly exceeding the average estimate of $161.29 million, with a year-over-year increase of 554.7% [4] - International Solutions reported operating revenues of $241.23 million, surpassing the estimated $237.54 million, and showing a year-over-year increase of 430.6% [4] - Drilling services generated operating revenues of $990.21 million, above the average estimate of $959.21 million, with a year-over-year increase of 43.2% [4] - The segment operating income for North America Solutions was $118.16 million, below the average estimate of $133.56 million [4]

Company Performance - Helmerich & Payne reported a quarterly loss of $0.01 per share, significantly below the Zacks Consensus Estimate of $0.26, and a decline from earnings of $0.76 per share a year ago, representing an earnings surprise of -103.85% [1] - The company posted revenues of $1.01 billion for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 3.70%, and up from $693.79 million in the same quarter last year [2] - Over the last four quarters, Helmerich & Payne has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Market Context - Helmerich & Payne shares have declined approximately 13.1% since the beginning of the year, contrasting with the S&P 500's gain of 14.5% [3] - The Zacks Industry Rank indicates that the Oil and Gas - Drilling sector is currently in the bottom 11% of over 250 Zacks industries, suggesting potential challenges for the company's stock performance [8] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $953.07 million, and for the current fiscal year, it is $0.73 on revenues of $3.81 billion [7] - The estimate revisions trend for Helmerich & Payne was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]

Financial Performance - The company reported a consolidated net loss of $(57) million, or $(0.58) per share, including non-recurring charges of $56 million; adjusted net loss was $(1) million, or $(0.01) per share[3]. - The company realized consolidated adjusted EBITDA of $225 million for the quarter[3]. - For the three months ended September 30, 2025, drilling services revenue was $990,211,000, compared to $691,293,000 for the same period in 2024, representing an increase of 43.4%[29]. - Total operating revenues for the year ended September 30, 2025, were $3,746,013,000, up from $2,756,607,000 in 2024, reflecting a growth of 36%[29]. - The company reported a net loss of $57,363,000 for the three months ended September 30, 2025, compared to a net loss of $162,758,000 for the same period in 2024[29]. - Net income for the year ended September 30, 2025, was a loss of $159.948 million, compared to a profit of $344.165 million in 2024[31]. - Adjusted net income for the three months ended September 30, 2025, was $(1,228), with an EPS of $(0.01)[39]. - The company incurred a loss on investment securities of $36,461, impacting overall financial performance[39]. - The company’s income (loss) before income taxes was $(62,072), an improvement from $(132,908) in the previous quarter[34]. Segment Performance - North America Solutions (NAS) segment achieved operating income of $118 million, with direct margins of $242 million, yielding a margin per day of $18,620[3][10]. - International Solutions segment improved its operating loss to $(75) million from $(167) million in the prior quarter, with direct margins of approximately $30 million[3][10]. - Offshore Solutions segment reported record margins of nearly $35 million during the fourth quarter, attributed to increased rig utilization[7][10]. - Operating revenues for North America Solutions decreased to $572.274 million in Q3 2025 from $618.285 million in Q3 2024, a decline of approximately 7.4%[32]. - Segment operating income for North America Solutions was $118.158 million for Q3 2025, down from $155.593 million in Q3 2024, representing a decrease of about 24%[32]. - International Solutions reported operating revenues of $241.234 million in Q3 2025, compared to $265.803 million in Q2 2025, a decrease of approximately 9.3%[32]. - North America Solutions reported operating income of $118,158, a decrease of 25% from $157,649 in the previous quarter[34]. - International Solutions experienced an operating loss of $75,715, compared to a loss of $166,513 in the previous quarter, indicating a significant improvement[34]. Assets and Liabilities - Total assets increased to $6,705,738,000 as of September 30, 2025, from $5,781,898,000 in 2024, marking a growth of 15.9%[30]. - Current liabilities rose to $814,836,000 as of September 30, 2025, compared to $446,949,000 in 2024, indicating an increase of 82.2%[30]. - The company’s cash and cash equivalents decreased to $196,848,000 as of September 30, 2025, down from $217,341,000 in 2024, a decline of 9.5%[30]. - Total shareholders' equity decreased to $2,829,338,000 as of September 30, 2025, from $2,917,152,000 in 2024, a decrease of 3%[30]. Capital Expenditures and Debt - The company repaid $210 million of its $400 million term loan, expecting to fully repay by the end of the third fiscal quarter of 2026[3][7]. - Gross capital expenditures for fiscal 2026 are expected to be between $280 million and $320 million, with $40 million to $60 million allocated for NAS operations[3][8]. - The company incurred capital expenditures of $426.373 million for the year ended September 30, 2025, down from $495.072 million in 2024[31]. - Net cash provided by operating activities for the year ended September 30, 2025, was $542.950 million, a decrease from $684.663 million in 2024[31]. - The company reported a net cash used in investing activities of $1.925 billion for the year ended September 30, 2025, compared to $458.748 million in 2024[31]. Research and Development - The company anticipates research and development expenses of approximately $25 million for fiscal 2026[18]. - Research and development expenses for the three months ended September 30, 2025, were $7,567,000, slightly down from $8,850,000 in the same period of 2024[29]. - Research and development costs associated with an asset acquisition were not reported for the three months ended September 30, 2025, but were $3,840,000 for the year ended September 30, 2024[46]. Other Financial Metrics - The average contracted rig count for NAS is projected to be between 132 and 148, while the average operating rig count for International Solutions is expected to be between 58 and 68[8]. - Average active rigs in North America Solutions were 141 for Q3 2025, down from 151 in Q3 2024[32]. - The number of active rigs at the end of the period for North America Solutions was 144, compared to 151 in the previous year[32]. - The total marketable fleet in U.S. Land Operations decreased to 203 rigs from 223 rigs in the previous quarter, reflecting a reduction in idle or other rigs[36]. - The total contracted rigs in International Solutions decreased to 86 from 88 in the previous quarter, indicating a slight contraction in operations[36]. Dividends and Other Income - The company paid dividends of $100.735 million in 2025, down from $168.459 million in 2024[31]. - Total other income (expense) amounted to $(60,610), a significant increase in expenses compared to $(4,639) in the previous quarter[34]. - Other income (expense) for the three months ended September 30, 2025, included a gain of $5,985,000, contrasting with a loss of $31,258,000 in the previous quarter[46]. - The company reported a foreign currency exchange gain of $6,455,000 for the three months ended September 30, 2025, compared to a loss of $9,216,000 in the previous quarter[46]. - Net income attributable to non-controlling interest for the three months ended September 30, 2025, was $1,556,000, up from $859,000 in the previous quarter[46].

Core Insights - Helmerich & Payne, Inc. reported a consolidated net loss of $(57) million, or $(0.58) per share, for the quarter ended September 30, 2025, which includes non-recurring charges of $56 million [1] - After adjusting for non-recurring items, the adjusted net loss was $(1) million, or $(0.01) per share [1] - The company has received notifications for seven rigs to resume operations in Saudi Arabia [1]

Core Insights - Helmerich & Payne, Inc. is set to release its fourth-quarter earnings results on November 17, with analysts predicting earnings of 26 cents per share, a significant decrease from 76 cents per share in the same quarter last year [1] - The expected quarterly revenue for Helmerich & Payne is $973.08 million, up from $693.79 million a year earlier [1] Management Changes - On September 29, Helmerich & Payne announced the promotion of Trey Adams to president and Mike Lennox and John Bell to executive vice presidents [2] - Following the announcement, Helmerich & Payne shares fell by 3.3%, closing at $72.03 [2] Analyst Ratings - Citigroup analyst Scott Gruber maintained a Neutral rating and raised the price target from $17 to $26 [4] - Goldman Sachs analyst Neil Mehta maintained a Sell rating and increased the price target from $18 to $20 [4] - TD Cowen analyst Marc Bianchi maintained a Hold rating and raised the price target from $26 to $27 [4] - Susquehanna analyst Charles Minervino maintained a Positive rating but cut the price target from $24 to $23 [4] - Morgan Stanley analyst Daniel Kutz maintained an Underweight rating and reduced the price target from $27 to $20 [4]

Earnings Expectations - Aramark (NYSE:ARMK) is expected to report quarterly earnings of 65 cents per share on revenue of $5.16 billion [2] - J&J Snack Foods Corp. (NASDAQ:JJSF) is anticipated to post quarterly earnings of $1.19 per share on revenue of $419.09 million [2] - Aecom (NYSE:ACM) is projected to report quarterly earnings of $1.34 per share on revenue of $4.31 billion [2] - Helmerich and Payne Inc. (NYSE:HP) is expected to post quarterly earnings of 25 cents per share on revenue of $973.68 million [2] Stock Performance - Aramark shares fell 1.3% to close at $38.03 on Friday [2] - J&J Snack Foods shares rose 0.6% to close at $83.09 on Friday [2] - Sohu.com Ltd. (NASDAQ:SOHU) reported third-quarter earnings of 33 cents per share, compared to a loss of 39 cents per share a year ago, with sales of $180.161 million, up from $151.992 million [2] - Sohu.com shares fell 3.2% to close at $14.32 on Friday [2] - Aecom shares gained 0.3% to $133.89 in after-hours trading [2] - Helmerich and Payne shares gained 3.2% to close at $27.83 on Friday [2]

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Core Insights - Helmerich & Payne, Inc. is set to announce its fiscal fourth-quarter earnings on November 17, 2025, with an expected EPS of $0.26 and revenues of approximately $973 million [1][5] Financial Performance - The anticipated revenue of $973 million represents a significant 40% increase from the previous year's revenue of $694 million, driven by strong growth in the International and Offshore divisions [2][5] - The projected EPS of $0.26 indicates a decline from the prior year's EPS of $0.76, attributed to rising operating, depreciation, and administrative expenses [2][5] Analyst Sentiment - Despite profitability challenges, HP's stock has garnered attention from analysts, with Citigroup analyst Scott Gruber maintaining a Neutral rating but raising the price target from $17 to $26, reflecting a more optimistic outlook [3] - The consensus EPS forecast has seen a 7.9% downward adjustment over the last month, indicating some caution among analysts [3] Dividend and Valuation Metrics - HP offers an attractive annual dividend yield of 3.71%, translating to a quarterly dividend of $0.25 per share or $1.00 annually [4] - The price-to-sales ratio is 0.78, suggesting that investors are paying $0.78 for every dollar of sales, while the debt-to-equity ratio stands at 0.79, indicating moderate debt levels [4]

Core Insights - Helmerich & Payne, Inc. (HP) is scheduled to release its fiscal fourth-quarter earnings on November 17, with consensus estimates of 26 cents per share and revenues of $975.66 million [1][8]. Group 1: Recent Performance - In the last reported quarter, HP's earnings were 22 cents per share, exceeding the Zacks Consensus Estimate by 2 cents, while operating revenues reached $1 billion, surpassing estimates by $42 million [2]. - Over the trailing four quarters, HP has beaten the Zacks Consensus Estimate twice and missed twice, resulting in an average negative surprise of 21.96% [3]. Group 2: Revenue and Cost Expectations - The Zacks Consensus Estimate for fiscal fourth-quarter revenues indicates a significant increase of 40.63% year-over-year, rising from $697.7 million in the previous year [3][5]. - Revenue growth is expected across various segments, with International Solutions projected to increase by 429.6%, Offshore Solutions by 461.6%, and Other Revenue segments by 138.3% compared to the year-ago period [5]. - However, total expenses are anticipated to rise to $903.5 million, a 53.9% increase from the same period last year, with notable increases in drilling services and other operating expenses, as well as depreciation and administrative costs [6]. Group 3: Earnings Prediction Model - The Zacks model does not predict a definitive earnings beat for HP this season, as the Earnings ESP is 0.00% and the Zacks Rank is 4 (Sell) [7][9].

Core Insights - Helmerich & Payne, Inc. is set to release its fourth-quarter earnings results on November 17, with analysts predicting earnings of 26 cents per share, a significant decrease from 76 cents per share in the same quarter last year [1] - The expected quarterly revenue for Helmerich & Payne is $973.08 million, up from $693.79 million a year earlier [1] Analyst Ratings and Price Target - Citigroup analyst Scott Gruber has maintained a Neutral rating on Helmerich & Payne and raised the price target from $17 to $26 [2] - The company currently offers an annual dividend yield of 3.71%, translating to a quarterly dividend of 25 cents per share, or $1.00 annually [2] Dividend Strategy - To achieve a monthly income of $500 from dividends, an investment of approximately $161,880 or around 6,000 shares is required, while a more modest goal of $100 per month would need an investment of $32,376 or about 1,200 shares [2] - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on changes in stock price and dividend payments [3][4] Stock Performance - Shares of Helmerich & Payne increased by 1.4%, closing at $26.98 [4]