Helmerich & Payne Q3 2024 EPS $0.88 Vs $0.93 Est.; Total Revenue $698M Vs $664.9M Est
Portfolio Pulse from Benzinga Newsdesk
Helmerich & Payne reported Q3 2024 earnings per share (EPS) of $0.88, which is below the estimated $0.93. However, the company exceeded revenue expectations with $698 million compared to the estimated $664.9 million.
July 24, 2024 | 8:38 pm
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Helmerich & Payne's Q3 2024 EPS of $0.88 missed estimates of $0.93, but the company reported higher-than-expected revenue of $698 million versus $664.9 million estimated.
The mixed results, with EPS missing estimates but revenue beating expectations, may lead to a neutral short-term impact on the stock price. Investors might weigh the revenue beat against the EPS miss.
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IMPORTANCE 80
RELEVANCE 100