Core Viewpoint - Halliburton (HAL) is expected to report a quarterly earnings per share (EPS) of $0.54, reflecting a year-over-year decline of 22.9%, with anticipated revenues of $5.41 billion, a decrease of 3.5% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised upward by 0.3% in the last 30 days, indicating analysts' reassessment of their initial projections [2] - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3] Revenue Projections - Analysts estimate 'Revenue- Drilling and Evaluation' at $2.37 billion, a decline of 2.6% year-over-year [5] - 'Revenue- Completion and Production' is projected to reach $3.08 billion, down 2.9% from the prior year [5] - 'Revenue- Latin America' is expected to be $1.02 billion, showing a year-over-year increase of 7.4% [5] - 'Revenue- Europe/Africa/CIS' is forecasted at $841.88 million, reflecting a growth of 5.9% from the previous year [6] - 'Revenue- North America' is estimated at $2.13 billion, indicating a decrease of 3.8% year-over-year [6] - 'Revenue- Middle East/Asia' is projected to be $1.47 billion, down 10.7% from the prior year [6] Operating Income Estimates - The consensus estimate for 'Operating income- Completion and Production' is $477.74 million, compared to $629.00 million reported in the same quarter last year [7] - 'Operating income- Drilling and Evaluation' is expected to be $365.42 million, down from $401.00 million in the previous year [7] Stock Performance - Halliburton shares have increased by 19.4% over the past month, outperforming the Zacks S&P 500 composite, which rose by 2% [7] - Halliburton holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near term [7]
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