Halliburton (HAL) Meets Q2 Earnings Estimates

Company Performance - Halliburton reported quarterly earnings of $0.55 per share, matching the Zacks Consensus Estimate, but down from $0.8 per share a year ago [1] - The company posted revenues of $5.51 billion for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 1.35%, but down from $5.83 billion year-over-year [2] - Over the last four quarters, Halliburton has not surpassed consensus EPS estimates, although it has topped revenue estimates twice [2] Stock Outlook - Halliburton shares have declined approximately 22.1% since the beginning of the year, contrasting with the S&P 500's gain of 7.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.59 on revenues of $5.49 billion, and for the current fiscal year, it is $2.34 on revenues of $21.78 billion [7] Industry Context - The Oil and Gas - Field Services industry, to which Halliburton belongs, is currently ranked in the bottom 5% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Halliburton's stock performance [5][6]