Q3 FY2026 EarningsQ3 FY26 results beat consensus across the top and bottom lines, with revenue of $1,034.9M vs. $986.6M expected and normalized EPS of $0.76 (estimated) significantly exceeding the $0.10 mean estimate. The performance was driven by a massive $114.8M one-time gain from the sale of the Utica Square real estate asset and stronger-than-expected margins in the Offshore segment. Management successfully eliminated the remaining balance of the unsecured term loan, strengthening the balance sheet despite a YoY decline in North America rig activity.
Financial report interval: 2026.03.30 - 2026.06.30
Preview: Helmerich & Payne(HP) predict that the Revenue is 1.035 B (-0.58%), Beat estimate;the EBIT is 55.11 M (-37.78%), Beat estimate;the EPS is 0.74 (+145.1%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
1.03B0.58%
0.99B5.22%
+0.05B4.64%
EBITExceed expectations
0.06B37.78%
0.04B52.92%
+0.01B15.14%
EPSExceed expectations
0.74145.12%
-0.146891.05%
+0.886854.07%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf