Helmerich Payne (HP) Tops Q1 EPS by 33c

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Helmerich & Payne, Inc. Announces First Quarter Results

January 29, 2015 6:00 AM EST

TULSA, Okla., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) reported net income of $203 million ($1.85 per diluted share) from operating revenues of $1.06 billion for the first fiscal quarter of 2015, compared to net income of $173 million ($1.59 per diluted share) from operating revenues of $889 million during the first quarter of fiscal 2014, and net income of $169 million ($1.53 per diluted share) from operating revenues of $985 million during the fourth quarter of fiscal 2014. Included in net income per diluted share corresponding to this year's first fiscal quarter are approximately $0.13 of after-tax gains from long-term contract early termination compensation from... More