Helmerich & Payne Q1 2024 Adj EPS $0.97 Beats $0.72 Estimate
Portfolio Pulse from Benzinga Newsdesk
Helmerich & Payne (NYSE:HP) reported Q1 2024 adjusted earnings per share (EPS) of $0.97, surpassing the analyst consensus estimate of $0.72 by 34.72 percent.
January 29, 2024 | 9:16 pm
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Helmerich & Payne reported a significant earnings beat for Q1 2024, with an EPS of $0.97 compared to the expected $0.72.
Earnings beats typically lead to positive investor sentiment and can cause a short-term increase in stock price as it indicates better-than-expected financial health and profitability.
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