Helmerich Payne (HP) Misses Q4 EPS by 1c

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Helmerich & Payne, Inc. Announces Fiscal Year-End Results

November 12, 2015 6:01 AM EST

TULSA, Okla., Nov. 12, 2015 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) reported net income of $422 million ($3.87 per diluted share) from operating revenues of $3.2 billion for its fiscal year ended September 30, 2015, compared to net income of $709 million ($6.46 per diluted share) from operating revenues of $3.7 billion for its prior fiscal year ended September 30, 2014.  Included in net income per diluted share for fiscal 2015 and fiscal 2014 are approximately $0.86 and $0.23, respectively, in after-tax income related to a combination of select items as described in a separate section of this press release.  Select items, among others, include long-term contract... More