Earnings Preview: Halliburton (HAL) Q4 Earnings Expected to Decline
HalliburtonHalliburton(US:HAL) ZACKS·2025-01-15 16:06

Company Overview - Halliburton (HAL) is expected to report a year-over-year decline in earnings due to lower revenues for the quarter ended December 2024, with a consensus EPS estimate of $0.70, reflecting an 18.6% decrease [3][10] - Revenues are anticipated to be $5.64 billion, down 1.7% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for January 22, 2025, and could lead to stock price movements depending on whether the actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 3.28% lower in the last 30 days, indicating a bearish sentiment among analysts [4][10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -0.73%, suggesting that analysts have become more pessimistic about Halliburton's earnings prospects [11] - The stock currently holds a Zacks Rank of 4 (Sell), complicating predictions of an earnings beat [11] Historical Performance - In the last reported quarter, Halliburton was expected to post earnings of $0.75 per share but delivered $0.73, resulting in a surprise of -2.67% [12] - Over the past four quarters, Halliburton has beaten consensus EPS estimates twice [13] Industry Context - In comparison, Schlumberger (SLB), a competitor in the oil and gas field services industry, is expected to report earnings of $0.90 per share for the same quarter, reflecting a year-over-year increase of 4.7% [17] - Schlumberger's revenue is projected to be $9.18 billion, up 2.1% from the previous year, but it also faces a negative Earnings ESP of -1.39% and a Zacks Rank of 5 (Strong Sell) [18]