Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Helmerich & Payne despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Helmerich & Payne is expected to report quarterly earnings of $0.69 per share, reflecting a year-over-year decrease of 28.9%, while revenues are projected to be $691.43 million, an increase of 2.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 8.31% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +5.29%, indicating a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - In the last reported quarter, Helmerich & Payne had an expected EPS of $0.79 but reported $0.76, resulting in a surprise of -3.80%. Over the last four quarters, the company has beaten consensus EPS estimates three times [12][13]. Investment Considerations - While a potential earnings beat is a positive indicator, other factors may influence stock performance, making it essential to consider the broader context [14][16].

Helmerich & Payne, Inc. (HP) is set to release first-quarter earnings on Feb. 5, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at 69 cents per share on revenues of $691.43 million.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let us delve into the factors that might have influenced HP’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter. Highlights of HP’s Q4 Earnin ...

Acquisition Overview - Helmerich & Payne Inc (HP) has completed the acquisition of KCA Deutag International Limited, solidifying its position as a global leader in onshore drilling [1] - The acquisition is expected to enhance HP's global footprint, service capability, and technology offerings [1] - The deal was originally agreed upon in July 2024 for a consideration of $1 97 billion in cash [4] Strategic Benefits - The acquisition will provide HP with a robust geographic mix, accelerating its international growth strategy, particularly in the Middle East [3] - It will diversify HP's portfolio across the US and international crude oil and natural gas markets, enhancing operational scale and cash flow [3] - The deal is expected to generate approximately $25 million in synergies by 2026 [4] Integration and Future Outlook - HP is focusing on a seamless transition to deliver strategic and financial benefits, with integration meticulously planned by global teams [2] - The company will continue operations from its Oklahoma headquarters, with John Lindsay as president and CEO [5] - HP envisions near- and long-term growth driven by enhanced technological solutions and broader reach [5] Industry Context - HP is engaged in contract drilling of oil and gas wells in the US and internationally, currently holding a Zacks Rank 3 (Hold) [6] - Top-ranked energy sector stocks include ARC Resources Ltd (AETUF), Gulfport Energy Corporation (GPOR), and YPF Sociedad Anónima (YPF), each with a Zacks Rank 1 (Strong Buy) [7] - ARC Resources has an expected EPS growth rate of 50 78% for next year, significantly higher than the industry growth rate of 10 50% [8] - Gulfport Energy's 2024 earnings are expected to grow by 108 53% year-over-year [8] - YPF Sociedad Anónima's 2024 earnings are projected to grow by 50 59% year-over-year [9]

Helmerich & Payne (HP) has endured 12 tough months, with its shares dropping roughly 10%, starkly underperforming the broader energy sector's 4.3% gain and the S&P 500 Index’s impressive 28.5% surge.HP One-Year Stock Performance Image Source: Zacks Investment ResearchThis steep decline begs the question: where does this oil and gas drilling contractor stand now? Let’s dive deeper into HP’s performance, challenges, and future outlook to uncover what might be next for the company.Helmerich & Payne Disappoints ...

It has been about a month since the last earnings report for Helmerich & Payne (HP) . Shares have lost about 0.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Helmerich & Payne due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Helmerich & Payne Q4 Earnings Miss, ...

Helmerich & Payne, Inc. (HP) reported a fourth-quarter fiscal 2024 adjusted net income of 76 cents per share, which missed the Zacks Consensus Estimate of 79 cents. The underperformance was due to weakness in the company's International Solutions and Gulf of Mexico segments.However, the bottom line topped the year-ago quarter’s reported figure of 69 cents per share. This was due to an improvement in the company's North America Solutions segment.Operating revenues of $693.8 million outpaced the Zacks Consens ...

Helmerich & Payne (HP) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.80%. A quarter ago, it was expected that this oil and gas well-drilling contractor would post earnings of $0.77 per share when it actually produced earnings of $0.92, delivering a surprise of 19.48%.Over the las ...

Helmerich & Payne (HP) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 13, 2024, might help the stock move higher if these key numbers are bett ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Helmerich & Payne (HP) , which belongs to the Zacks Oil and Gas - Drilling industry, could be a great candidate to consider. This oil and gas well-drilling contractor has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 10.33%. For the most recent q ...

Shares of oil and gas drilling contractor Helmerich & Payne (HP) have lost around 16% of their value in the past year, contrasting with the sector's increase of 2.2%. The S&P 500 Index has risen 32.5% over the same timeframe. HP One-Year Stock Performance Image Source: Zacks Investment Research Let's now take a close look at Helmerich & Payne, with an eye on where it stands after falling so much, along with what we can expect going forward. What's Dragging Down HP Stock? Investors seem to be worried about t ...