Helmerich & Payne (HP) Reports Q4 Loss, Beats Revenue Estimates

Helmerich & Payne (HP) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.26. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -103.85%. A quarter ago, it was expected that this oil and gas well-drilling contractor would post earnings of $0.2 per share when it actually produced earnings of $0.22, delivering a surprise of +10%.Over the last four quarters ...