Helmerich & Payne (HP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Helmerich & Payne reported revenue of $1.04 billion for the quarter ended June 2025, marking a 49.2% increase year-over-year, with an EPS of $0.22 compared to $0.92 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $999.23 million by 4.17%, and the EPS also surpassed the consensus estimate of $0.20 by 10% [1] Financial Performance - The company experienced a -9.6% return on shares over the past month, while the Zacks S&P 500 composite saw a +0.5% change [3] - Helmerich & Payne holds a Zacks Rank 4 (Sell), indicating potential underperformance against the broader market in the near term [3] Key Metrics - Average active rigs in North America Solutions were 147, slightly above the estimated 145 [4] - Average active rigs in Offshore Solutions matched the estimate at 3, while International Solutions had 72 active rigs, below the estimated 77 [4] - Operating revenues for North America Solutions were $592.21 million, exceeding the estimated $568.49 million but reflecting a -4.5% change year-over-year [4] - Offshore Solutions reported operating revenues of $161.78 million, significantly above the estimated $148.89 million, with a remarkable +494.4% change year-over-year [4] - International Solutions generated $265.8 million in operating revenues, slightly below the estimated $277.25 million, but showing a +455.1% year-over-year change [4] - Overall, drilling services reported operating revenues of $1.04 billion, surpassing the $1 billion estimate, with a year-over-year increase of +49.3% [4] - Other revenues were reported at $3.05 million, significantly below the estimated $25.24 million, but reflecting a +17.9% change year-over-year [4]