Helmerich Payne (HP) Tops Q1 EPS by 12c

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Helmerich & Payne, Inc. Announces First Quarter Results

January 28, 2016 6:00 AM EST

TULSA, Okla., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) reported net income of $16 million ($0.15 per diluted share) from operating revenues of $488 million for the first quarter of fiscal 2016, compared to net income of $204 million ($1.86 per diluted share) from operating revenues of $1.06 billion during the first quarter of fiscal 2015, and net loss of $28 million (negative $0.25 per diluted share) from operating revenues of $554 million during the fourth quarter of fiscal 2015.  Included in net income per diluted share for both this years first fiscal quarter and last years first fiscal quarter are approximately $0.10 and... More