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U.S. crude oil prices reach their highest level since November, driven by expectations of tight global supplies. August PPI tops forecasts, up 0.7%; Core PPI in line with a 0.2% rise.
While the top- and bottom-line numbers for Helmerich & Payne (HP) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Helmerich & Payne (HP) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.27 per share a year ago.
TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) third quarter 2023 earnings release, you are invited to listen to its conference call on Thursday, July 27, 2023, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast. What: Helmerich & Payne, Inc.'s Fiscal Third Quarter 2.
NGVT, FCCO and HP have been added to the Zacks Rank #5 (Strong Sell) List on June 22, 2023.
HP NYSE: HP is not a growth stock; it's not exciting to own, but it is a winner if you are an income investor. The business is down, and the outlook isn't all that rosy, but the business is solid, FCF is robust, and the dividend is as reliable as they come.
Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock?
Helmerich & Payne (HP) expects to spend $400 million on depreciation and amortization, and $30 million on research and development for fiscal 2023.
Helmerich & Payne: Good Industry Positioning And Returning Value To Shareholders.
While the top- and bottom-line numbers for Helmerich & Payne (HP) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.