Helmerich & Payne (HP) Misses Q4 EPS by 2c
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Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
November 13, 2024 4:15 PM ESTThe Company reported fiscal fourth quarter and fiscal year 2024 net income of $0.76 and $3.43 per diluted share, respectively, including select items(1) that had a neutral impact on fiscal fourth quarter diluted earnings per share and a $(0.07) per share impact on fiscal year diluted share The North America Solutions ("NAS") segment exited the fourth quarter of fiscal year 2024 with 151 active rigs and recognized revenue per day of approximately $39,100/day with associated direct margins(2) per day of $19,800/day during the quarter Quarterly NAS operating income decreased $8 million sequentially to $156... More
