Helmerich & payne inc reports q3 loss per share $0.43

Helmerich & payne, inc. announces third quarter results.q3 loss per share $0.43.q3 earnings per share estimate $-0.69 -- refinitiv ibes data.q3 revenue $254 million versus refinitiv ibes estimate of $311.9 million.helmerich and payne - realigned financial reporting into three operating segments; north america solutions, international solutions and offshore gulf of mexico.helmerich and payne- in quarter, took additional actions reducing its cost structure by additional $25 million annually.says fy 2020 gross capital expenditures are now expected to be approximately $150 to $165 million.helmerich and payne - expect to see results increase in fiscal q4.have liquidity of over $1.2 billion and debt-to-cap is 12%, with no maturities until 2025.expect north america solutions operating gross margins to be between $38-$48 million for q4.depreciation is now expected to be approximately $475 million for 2020.culmination of cost-saving initiatives resulted in a $15 million restructuring charge during quarter.
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