Helmerich & Payne Q4 2023 EPS $0.77 Beats $0.76 Estimate, Revenue $660M Misses $663.2M Estimate
Portfolio Pulse from Benzinga Newsdesk
Helmerich & Payne reported Q4 2023 earnings per share (EPS) of $0.77, beating the estimate of $0.76. However, the company's revenue of $660M fell short of the estimated $663.2M.
November 08, 2023 | 9:20 pm
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NEUTRAL IMPACT
Helmerich & Payne's Q4 2023 earnings beat estimates but revenue missed expectations. This mixed result could lead to uncertain short-term price movements.
Helmerich & Payne's earnings beat could be a positive signal to investors, potentially driving the stock price up. However, the revenue miss might offset this positive impact, leading to uncertainty in the short-term price direction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100