Helmerich & Payne (HP) reported $1.02 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 47.7%. EPS of $0.02 for the same period compares to $0.86 a year ago.
The reported revenue represents a surprise of +2.35% over the Zacks Consensus Estimate of $992.67 million. With the consensus EPS estimate being $0.65, the EPS surprise was -96.92%.
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: 149 versus the three-analyst average estimate of 148.
- Number of available rigs at the end of period - North America Solutions: 224 compared to the 226 average estimate based on three analysts.
- Number of available rigs at the end of period - International Solutions: 153 versus 111 estimated by three analysts on average.
- Average active rigs - International Solutions: 69 compared to the 47 average estimate based on three analysts.
- Operating Revenues- Other: $3.65 million compared to the $22.47 million average estimate based on four analysts. The reported number represents a change of +29.6% year over year.
- Operating Revenues- International Solutions: $247.91 million compared to the $180.77 million average estimate based on four analysts. The reported number represents a change of +440.4% year over year.
- Operating Revenues- North America Solutions: $599.69 million compared to the $572.80 million average estimate based on four analysts. The reported number represents a change of -2.2% year over year.
- Operating Revenues- Drilling services: $1.01 billion versus the four-analyst average estimate of $982.62 million. The reported number represents a year-over-year change of +47.8%.
- Segment operating income (loss)- International Solutions: -$34.98 million compared to the $4.09 million average estimate based on four analysts.
- Segment operating income (loss)- North America Solutions: $151.94 million compared to the $136.91 million average estimate based on four analysts.
View all Key Company Metrics for Helmerich & Payne here>>>
Shares of Helmerich & Payne have returned +1.2% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Helmerich & Payne, Inc. (HP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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