Feb. 6 at 5:47 PM
$HP earnings miss raises red flags 🚩
Q1 adjusted net loss of 15 cents per share missed the Zacks Consensus Estimate of 12 cents net income, driven by North America segment weakness and a
$103M impairment charge. Despite this, operating revenues of
$1B beat expectations on strong international margins.
See the full breakdown here 👉 https://www.zacks.com/stock/news/2837569/helmerich-payne-q1-earnings-miss-estimates-revenues-beat?cid=sm-stocktwits-2-2837569-body-32460&ADID=SYND_STOCKTWITS_TWEET_2_2837569_BODY_32460