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Helmerich & Payne Inc. Q4 Earnings Rise

Helmerich & Payne Inc. (HP) released a profit for its fourth quarter that climbed from the same period last year.

The company's bottom line totaled $41 million, or $0.37 per share. This compares with $4.64 million, or $0.02 per share, in last year's fourth quarter.

The company's revenue for the quarter fell 6.8% to $649 million from $696 million last year.

Helmerich & Payne Inc. earnings at a glance:

-Earnings (Q4): $41 Mln. vs. $4.64 Mln. last year.
-EPS (Q4): $0.37 vs. $0.02 last year.
-Revenue (Q4): $649 Mln vs. $696 Mln last year.

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