Helmerich & Payne Q3 Profit Rises - Quick Facts

(RTTNews) - Helmerich & Payne Inc. (HP) reported that its third-quarter net income rose to $266.16 million or $2.46 per share, from $149.93 million or $1.38 per share, last year. Earnings per share from continuing operations increased to $2.32 from $1.38 prior year.

On average, 24 analysts polled by Thomson Reuters expected the company to report profit of $1.34 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $840.20 million from $819.79 million last year. Analysts expected revenue of $844.15 million for the quarter.