Helmerich & Payne: Fiscal Q2 Earnings Snapshot
TULSA, Okla. (AP) — TULSA, Okla. (AP) — Helmerich & Payne Inc. (HP) on Wednesday reported fiscal second-quarter net income of $84.8 million.
TULSA, Okla. (AP) — TULSA, Okla. (AP) — Helmerich & Payne Inc. (HP) on Wednesday reported fiscal second-quarter net income of $84.8 million.
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The Tulsa, Oklahoma-based company said it had profit of 86 cents per share.
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The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.
The oil and gas well-drilling contractor posted revenue of $687.9 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $680.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HP at https://www.zacks.com/ap/HP