Halliburton(US:HAL) ZACKS·2025-01-17 14:31Core Viewpoint - Halliburton Company (HAL) is expected to report fourth-quarter results on January 22, with a consensus estimate of a profit of 70 cents per share and revenues of $5.6 billion [1]. Group 1: Previous Performance - In the last reported quarter, Halliburton missed the consensus estimate, reporting adjusted net income per share of 73 cents, below the expected 75 cents, and revenues of $5.7 billion, missing the estimate by approximately $128 million [3]. - Halliburton has beaten the Zacks Consensus Estimate in two of the last four quarters, missed in one, and met in another, with an average earnings surprise of 1.9% [4]. Group 2: Current Quarter Expectations - The Zacks Consensus Estimate for the fourth-quarter bottom line indicates an 18.6% decline year over year, while the revenue estimate suggests a 1.7% decrease from the previous year [4]. - The North American region's revenues are projected at $2.2 billion, reflecting a 7.6% decline due to a soft operating environment [6]. - The company's fourth-quarter cost of services is expected to total $3.4 billion, up 3.2% from the previous year, influenced by delays in the implementation of the SAP S4 project [7]. Group 3: Regional Performance - Sales in the Middle East/Asia region are projected at $1.6 billion, indicating a 7.4% improvement year over year, driven by increased pressure pumping deliveries and strategic positioning in key markets [8]. Group 4: Earnings Prediction Model - The Zacks model does not predict an earnings beat for Halliburton for the fourth quarter, as the Earnings ESP is -0.73% and the company holds a Zacks Rank of 5 (Strong Sell) [9][10][11].