Helmerich & Payne (HP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended June 2025, Helmerich & Payne (HP) reported revenue of $1.04 billion, up 49.2% over the same period last year. EPS came in at $0.22, compared to $0.92 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $999.23 million, representing a surprise of +4.17%. The company delivered an EPS surprise of +10%, with the consensus EPS estimate being $0.20.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Helmerich & Payne performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Average active rigs - North America Solutions: 147 compared to the 145 average estimate based on four analysts.
• Average active rigs - Offshore Solutions: 3 compared to the 3 average estimate based on four analysts.
• Average active rigs - International Solutions: 72 versus 77 estimated by four analysts on average.
• Number of available rigs at the end of period - International Solutions: 137 compared to the 163 average estimate based on four analysts.
• Number of available rigs at the end of period - North America Solutions: 224 versus the four-analyst average estimate of 224.
• Number of available rigs at the end of period - Offshore Solutions: 7 versus the four-analyst average estimate of 7.
• Number of active rigs at the end of period - North America Solutions: 141 versus the two-analyst average estimate of 146.
• Operating Revenues- North America Solutions: $592.21 million versus $568.49 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -4.5% change.
• Operating revenues - Offshore Solutions: $161.78 million versus $148.89 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +494.4% change.
• Operating Revenues- International Solutions: $265.8 million compared to the $277.25 million average estimate based on five analysts. The reported number represents a change of +455.1% year over year.
• Operating Revenues- Drilling services: $1.04 billion versus the three-analyst average estimate of $1 billion. The reported number represents a year-over-year change of +49.3%.
• Operating Revenues- Other: $3.05 million versus $25.24 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17.9% change.

View all Key Company Metrics for Helmerich & Payne here>>>

Shares of Helmerich & Payne have returned -9.6% over the past month versus the Zacks S&P 500 composite's +0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 
Helmerich & Payne, Inc. (HP): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research