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Helmerich & Payne misses top-line and bottom-line estimates; gives Q3 and updates FY26 outlook

Helmerich & Payne misses top-line and bottom-line estimates; gives Q3 and updates FY26 outlook

AI Briefing

  • Helmerich & Payne misses Q2 estimates, misses non-GAAP EPS and revenue targets, adjusts FY26/3Q26 rig and margin guidance.
  • Company's Q2 non-GAAP EPS and revenue came in below expectations.
  • Helmerich & Payne provides updated guidance for the full year and third quarter of 2026.
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