Helmerich Payne (HP) Tops Q3 EPS by 12c

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Go back to Helmerich Payne (HP) Tops Q3 EPS by 12c

Helmerich & Payne, Inc. Announces Third Quarter Results and Additional New Build Contracts

July 31, 2014 6:00 AM EDT

TULSA, Okla., July 31, 2014 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) reported net income of $192.3 million ($1.75 per diluted share) from operating revenues of $952.1 million for the third quarter of fiscal 2014, compared to net income of $266.2 million ($2.46 per diluted share) from operating revenues of $840.2 million during the third fiscal quarter of 2013, and net income of $174.6 million ($1.59 per diluted share) from operating revenues of $893.4 million during the second fiscal quarter of 2014. Included in net income corresponding to this year's third fiscal quarter are approximately $0.13 per diluted share of after-tax gains on the sale of investment securities and... More