Halliburton (HAL) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Halliburton reported revenue of $5.61 billion for the quarter ended December 2024, a decrease of 2.3$0.70 compared to $0.86 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of$5.64 billion, resulting in a surprise of -0.55%, while EPS met the consensus estimate [1] Revenue Breakdown - North America revenues were $2.21 billion, missing the average estimate of$2.24 billion, reflecting an 8.7% decline year-over-year [4] - Middle East/Asia revenues reached $1.65 billion, exceeding the average estimate of$1.62 billion, marking an 8.6% increase year-over-year [4] - Europe/Africa/CIS revenues were $795 million, surpassing the average estimate of$744.06 million, showing a 3.7% increase year-over-year [4] - Latin America revenues totaled $953 million, falling short of the average estimate of$1.05 billion, indicating a 7.5% decline year-over-year [4] Segment Performance - Drilling and Evaluation revenues were $2.43 billion, slightly above the average estimate of$2.42 billion, with a year-over-year change of +0.4% [4] - Completion and Production revenues were $3.18 billion, below the average estimate of$3.22 billion, reflecting a 4.2% decline year-over-year [4] - Operating income for Completion and Production was $629 million, slightly above the average estimate of$622.38 million [4] - Corporate and other reported an operating loss of $65 million, better than the average estimate of -$96.81 million [4] - Operating income for Drilling and Evaluation was $401 million, below the average estimate of$416.96 million [4] Stock Performance - Halliburton shares have returned -10.2% over the past month, contrasting with the Zacks S&P 500 composite's +3.9% change, indicating potential underperformance in the near term with a Zacks Rank 4 (Sell) [3]