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Helmerich & Payne, Inc. (HP): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Helmerich & Payne, Inc. (NYSE: HP) reported Q4 2019 earnings of $0.37 per share, vs. $0.24 expected.

— Revenues fell 5% to $649 million, vs. $650 million expected.

— Quarterly US Land revenue amounted to $545 million.

— FY20 capital expenditures are expected to be approx. $275-300 million.

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