(RTTNews) - Helmerich & Payne Inc. (HP) announced a profit for fourth quarter that decreased from last year
The company's bottom line totaled $75.48 million, or $0.76 per share. This compares with $88.68 million, or $0.88 per share, in last year's fourth quarter.
Excluding items, Helmerich & Payne Inc. reported adjusted earnings of $76.07 million or $0.76 per share for the period.
The company's revenue for the quarter fell 0.6% to $693.793 million from $697.724 million last year.
Helmerich & Payne Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $75.48 Mln. vs. $88.68 Mln. last year. -EPS (Q4): $0.76 vs. $0.88 last year. -Revenue (Q4): $693.793 Mln vs. $697.724 Mln last year.
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