Helmerich & Payne Posts Tepid Q1 Numbers
Helmerich & Payne(HP) The Motley Fool·2025-02-05 23:31Helmerich & Payne missed earnings and revenue expectations amid strategic acquisitions and adjustments to market conditions.Helmerich & Payne (HP 1.84%), a leading oil and natural gas drilling company, delivered mixed fiscal 2025 first-quarter results on Feb. 5. For the period, which ended Dec. 31, earnings per share (EPS) of $0.54 were significantly below the anticipated $0.68. Revenue held steady year over year at $677 million, but it also missed analysts' $692 million estimate as the company faced challe ...