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Helmerich & Payne's Upcoming Earnings: What You Need To Know

By Seth Jayson - Updated Apr 10, 2017 at 1:45PM

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Checking expectations

Helmerich & Payne (NYSE: HP) is expected to report Q2 earnings on April 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Helmerich & Payne's revenues will grow 7.1% and EPS will increase 14.2%.

The average estimate for revenue is $824.9 million. On the bottom line, the average EPS estimate is $1.29.

Revenue details
Last quarter, Helmerich & Payne reported revenue of $844.6 million. GAAP reported sales were 15% higher than the prior-year quarter's $732.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $1.40. GAAP EPS of $1.48 for Q1 were 12% higher than the prior-year quarter's $1.32 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 44.7%, 190 basis points worse than the prior-year quarter. Operating margin was 27.9%, 290 basis points worse than the prior-year quarter. Net margin was 18.9%, 80 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.39 billion. The average EPS estimate is $5.38.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,016 members out of 1,090 rating the stock outperform, and 74 members rating it underperform. Among 190 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 178 give Helmerich & Payne a green thumbs-up, and 12 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Helmerich & Payne is outperform, with an average price target of $57.55.

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Stocks Mentioned

Helmerich & Payne, Inc. Stock Quote
Helmerich & Payne, Inc.
HP
$45.61 (-1.19%) $0.55

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