Halliburton Co reports results for the quarter ended December 31 - Earnings Summary

• Halliburton Co HAL.N reported quarterly adjusted earnings of 70 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of twenty four analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 66 cents to 72 cents per share.

• Revenue fell 2.2% to $5.61 billion from a year ago; analysts expected $5.63 billion.

• Halliburton Co's reported EPS for the quarter was 70 cents​.

• The company reported quarterly net income of $615 million.

• Halliburton Co shares had risen by 8.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.9% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil related services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Halliburton Co is $36.00

This summary was machine generated from LSEG data January 22 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)