Benzinga | Jan 28, 2022 10:22AM EST

Earnings Outlook For Helmerich & Payne

Helmerich & Payne (NYSE:HP) is set to give its latest quarterly earnings report on Monday, 2022-01-31. Here's what investors need to know before the announcement.

Analysts estimate that Helmerich & Payne will likely report an Earnings Per Share (EPS) of $-0.49.

Helmerich & Payne bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.11, which was followed by a 16.48% drop in the share price the next day.

Here's a look at Helmerich & Payne's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate -0.51 -0.57 -0.65 -0.79EPS Actual -0.62 -0.57 -0.60 -0.82Price Change % -16.48% -2.9% -8.85% 7.79%

Stock Performance

Shares of Helmerich & Payne were trading at $27.68 as of January 27. Over the last 52-week period, shares are up 15.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.