Helmerich & Payne (HP) Surpasses Q3 Earnings and Revenue Estimates

Group 1: Earnings Performance - Helmerich & Payne reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.20 per share, but down from $0.92 per share a year ago, representing an earnings surprise of +10.00% [1] - The company posted revenues of $1.04 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.17%, compared to revenues of $697.72 million in the same quarter last year [2] Group 2: Stock Performance and Outlook - Helmerich & Payne shares have declined approximately 51.3% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $968.96 million, and for the current fiscal year, it is $1.10 on revenues of $3.66 billion [7] Group 3: Industry Context - The Oil and Gas - Drilling industry, to which Helmerich & Payne belongs, is currently ranked in the bottom 15% of over 250 Zacks industries, indicating potential challenges for stock performance [8]