Compared to Estimates, Halliburton (HAL) Q2 Earnings: A Look at Key Metrics

Core Insights - Halliburton reported revenue of $5.51 billion for the quarter ended June 2025, a year-over-year decline of 5.5%, with EPS of $0.55 compared to $0.80 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $5.44 billion, resulting in a surprise of +1.35%, while EPS met the consensus estimate [1] Revenue Breakdown - Latin America revenues were $977 million, exceeding the estimated $911.06 million, but reflecting a year-over-year decline of -10.9% [4] - Europe/Africa/CIS revenues reached $820 million, surpassing the estimated $769.7 million, with a year-over-year increase of +8.3% [4] - North America revenues were $2.26 billion, matching the estimate but showing a year-over-year decline of -9% [4] - Middle East/Asia revenues totaled $1.45 billion, slightly below the estimated $1.51 billion, with a year-over-year decline of -2.9% [4] - Drilling and Evaluation revenues were $2.34 billion, exceeding the estimate of $2.27 billion, but reflecting a year-over-year decline of -3.8% [4] - Completion and Production revenues were $3.17 billion, slightly below the estimate of $3.18 billion, with a year-over-year decline of -6.8% [4] Operating Income - Operating income for Completion and Production was $513 million, below the average estimate of $539.22 million [4] - Corporate and other reported an operating loss of $-66 million, better than the estimated loss of $-86.6 million [4] - Operating income for Drilling and Evaluation was $312 million, slightly below the estimate of $313.49 million [4] Stock Performance - Halliburton shares returned +8.6% over the past month, outperforming the Zacks S&P 500 composite's +4.6% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance in the near term [3]