Helmerich & Payne Q3 EPS $0.93 Beats $0.91 Estimate, Sales $723.96M Beat $708.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
Helmerich & Payne (NYSE:HP) reported Q3 earnings of $0.93 per share, beating the analyst consensus estimate of $0.91 by 2.2%. This is a 244.44% increase from the same period last year. The company also reported quarterly sales of $723.96 million, beating the analyst consensus estimate of $708.83 million by 2.13%. This is a 31.57% increase from the same period last year.
July 26, 2023 | 8:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Helmerich & Payne reported better than expected Q3 earnings and sales, with significant YoY increases. This could positively impact the company's stock in the short term.
Helmerich & Payne's Q3 earnings and sales not only beat estimates but also showed significant YoY increases. This indicates strong financial performance, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100