Seeking Clues to Helmerich & Payne (HP) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Helmerich & Payne (HP) is expected to report a quarterly earnings per share (EPS) of $0.26, reflecting a year-over-year decline of 65.8%, while revenues are projected to be $975.66 million, an increase of 40.6% from the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 7.9%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly correlated with short-term stock price performance [3]. Revenue Projections - Analysts predict 'Operating Revenues - North America Solutions' to reach $554.59 million, a decrease of 10.3% from the prior year [5]. - The consensus for 'Operating Revenues - Offshore Solutions' is estimated at $161.29 million, showing a significant increase of 485.5% from the year-ago quarter [5]. - 'Operating Revenues - International Solutions' is expected to be $237.54 million, reflecting a growth of 422.5% compared to the previous year [6]. - 'Operating Revenues - Drilling services' is projected at $959.21 million, indicating a rise of 38.8% from the year-ago quarter [6]. Rig Metrics - The average active rigs for 'North America Solutions' is estimated at 141, down from 151 in the same quarter last year [6]. - For 'Offshore Solutions', the average active rigs are expected to remain at 3, unchanged from the previous year [7]. - The number of available rigs at the end of the period for 'International Solutions' is projected to be 137, up from 27 in the same quarter last year [8]. - The forecast for 'North America Solutions' indicates 223 available rigs, slightly down from 228 in the same quarter last year [8]. Segment Operating Income - Analysts estimate 'Segment operating income (loss) - North America Solutions' to be $133.56 million, down from $155.70 million reported in the same quarter last year [9]. - The expected 'Segment operating income - Offshore Solutions' is projected at $14.90 million, an increase from $4.28 million in the same quarter last year [10]. Stock Performance - Helmerich & Payne shares have increased by 15% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4.6% [10].